On November 29 international conference "Entrepreneurship in Kazakhstan: new beginning", confined to the decade of activities of Fund for development of small business JSC took place in Almaty
03.12.07 21:16
/KASE, December 3, 07/ - Fund for development of small business JSC
(Almaty), bonds of which are traded in the official category "A" list of
Kazakhstan stock exchange (KASE), provided KASE with the press release,
saying:
beginning of citation
On November 29, the international conference "Entrepreneurship in
Kazakhstan: new beginning", confined to the decade anniversary of activities
of Fund for development of small business JSC was conducted in Almaty.
The goal of the conference was discussion of problems of entrepreneurship
in the country, ways of its solution, and also prospects of the further
development of this key sector of economy.
More than 200 persons participated in the conference, among them the
representatives of small- and middle-sized businesses, state and leading
financial institutions of Republic of Kazakhstan, international organizations,
business associations, and the unions of businessmen of RK:
- Ministry of industry and trade, economy and budget planning, finance,
- Fund of steady development "Kazyna"
- National economical board "Union Atameken";
- Associations of micro organizations of Kazakhstan financial;
- International organizations - European bank of reconstruction and
development, American Agency of international development, World
bank, UNDP and others.
During the Conference discussions have been held; they were devoted to
the problems of entrepreneurship development and state policy in this field.
During the discussions the participants were notified with the last changes in
legislation, current situation and further prospects in that area. Foreign
experience in supporting small- and middle-sized businesses in the
advanced countries and transition countries, results of the decade, and new
strategy of Fund for development of small business JSC were presented to
the participants.
Among the problems the participants marked the next ones: legislative
provisions, state guarantees, imperfection of mechanisms of financial
support of small- and middle-sized businesses, administrative barriers in the
development of entrepreneurship and others.
Gosman Amrin, Chairman of Board of Fund for development of small
business JSC noted in his speech: "Now, it can be said with certainty that
starting from 2007, Fund for development of small business is ready for
transformation within the realities of new economical development,
therefore, it will transform into the Fund of entrepreneurship development
"DAMU". In the renewed format the role of the Fund will consist in integration
of real methods of development of business environment of
entrepreneurship through realization of directions, set by the state. Jointly
with our shareholder - Fund of steady development "Kazyna" and other
development institutions - we strive to contribute to the economical, social
and political prosperity of the Republic of Kazakhstan".
end of citation
[2007-12-03]