On November 16, within the framework of the Kazakhstan-Canada Business Council, a meeting of the Working Group in the field of energy and natural resources was held. The event was attended by about 160 participants from two countries.
In their speeches, Vice Minister of Ecology, Geology and Natural Resources S. Brekeshev and Vice Minister of Industry and Infrastructure Development of the Republic of Kazakhstan R. Baimishev spoke about the ongoing reforms in Kazakhstan to improve the investment attractiveness of the mining sector, opportunities for cooperation with Canadian partners in this industry.
The Kazakh side also presented the activities of the national companies “Kazgeology”, “Tau-Ken Samruk”, “Kazakh Invest” and others.
Canadian speakers, including representatives of Cameco Kazakhstan, as well as Invest in Canada, shared their vision of the prospects for developing cooperation in this industry.
The issues of bilateral collaboration in the field of renewable and traditional energy were discussed. Ministry of Energy of Kazakhstan and Kazakh Invest presented auction system of renewable energy projects, as well as the “Waste to Energy” concept, being implemented in Kazakhstan. From the Canadian side, representatives of the governments of Ontario and Alberta, Condor Petroleum spoke about the prospects for developing cooperation in the energy sector, within the priorities of Kazakhstan and the opportunities for Canadian companies.
The event was organized under the co-chairmanship of Kazakh Invest and Falcon Oil & Gas with the support of the Canada Eurasia Russia Business Association (CERBA). (Kazinform/Business World Magazine)