THE GOVERNMENT of the REPUBLIC OF MINISTRY FOR INVESTMENTS AND DEVELOPMENT OF THE REPUBLIC OF KAZAKHSTAN

Astana December 5th, 2017 THE KAZAKHSTAN INTERNATIONAL BUSINESS AND INVESTMENT DIALOG ...

Under the highest authority of His Excellency Mr Bakhitzhan Sagintayev, Prime Minister ...

… to discover, through a direct dialog with Governmental decision makers, global and local business leaders, the Kazakhstan’s economic diversification new strategy

… to support the improvement of the Kazakhstan’s business climate and initiate investment opportunities in the priority sectors of Kazakhstan,

… to contribute to support Kazakhstan’s Government efforts to develop a larger, sustainable strategy to modernize the country’s economic promotion and investment messaging.

… to make your company growing with Kazakhstan ! The Kazakhstan International Business and Investment Dialog Key rationale for this community

Capitalizing on the massive logistic infrastructure build-out resulting from the “New Silk Road” initiative coupled with the Government’s new investment strategy underscored by President Nazarbayev’s Modernization 3.0 policy platform, this event is the first of annual meetings between the international business community and the .

. Build mutual trust and understanding, . better know needs / constraints of global investors in order to better host them and support them,

A permanent, frank and constructive dialog allows global business community …

● to forward relevant information, its needs and challenges to Kazakh Invest JSC, the newly organized National Company, Chaired by HE Mr Prime Minister of the Republic of Kazakhstan and in charge of Promoting Kazakhstan’s investments opportunities and supporting « from A to Z » global investors,

● to support the Kazakh Government which is developing policies and projects aiming to shift from an economy "resource extraction based" to more diverse, value-added , export oriented and knowledge- intensive industries and services.

● to provide the government with collective experience and recommendations which can be drawn upon in formulating business-friendly and competitive business environment in Kazakhstan.

● to offer participants a practical platform to actively pursue investment and business opportunities. The Kazakhstan International Business and Investment Dialog Market, development and strategic factors

● Kazakhstan provides easy access to the large and relatively affluent EAEU market – total population of 183m and GDP (in PPP) of US$4 trillion;

● Due to Kazakhstan’s unique geo-economic position the country is front-and-center to a new impetus to develop Central Asian economies - driven in large part by China’s “New Silk Road” initiative to more efficiently link China with the world’s largest economic area - the European Union. Already, some US$51bn in new investment in infrastructure development has been committed, and Kazakhstan is central to the strategy to bridge the world’s largest Western and Eastern markets;

● Kazakhstan is responding to these trends with a comprehensive economic reform agenda to unleash the potential for investment in advanced manufacturing technologies (on demand, 3-D component manufacturing, AI-empowered inventory management, etc.) while expanding agro-industrial development, downstream commodity production, etc. – creating needed, modern production platforms to service newly emerging global supply chains.

● Already, some US$51bn in new investment in infrastructure development has been committed, and Kazakhstan is central to the strategy to bridge the world’s largest Western and Eastern markets; The Kazakhstan International Business and Investment Dialog Launching event

● A “by-invitation-only”, exclusive and diverse community of global senior business and financial executives, technology leaders and thought leaders who can help shape and actively participate in Kazakhstan’s next generation of economic growth.

● Invitations to Kazakhstan International Business and Investment Dialog will be issued by the Prime Minister of Kazakhstan ; this December 5th event will be followed by regular annual, exclusive meetings with a wide range of government ministers to gain first-hand knowledge of investment initiatives, the development of PPP projects, as well as insight on logistic and human capital infrastructure development.

● Inaugural meeting will be in Astana on December 5th, 2017 – with a day long “Kazakhstan Global Investment Roundtable”, hosted by Prime Minister of Kazakhstan HE Bakytzhan Sagintayev and with participation of key economic Ministers.

On December 6th, within the framework of the events dedicated to the Industrialization Day, the participants of the Kazakhstan International Business and Investment Dialog are invited to the nationwide Teleconference "New Industrialization of Kazakhstan" with the participation of the .

● Invited senior international executives will be joined by some 100 senior Kazakh business executives. International Media at the Roundtable event

● As the Roundtable will by design be small, intimate affair where much of the value lies in the fact that senior corporate executives can interact discreetly with the Kazakh economic team and with peer-group interaction, this will limit the attraction and positioning for international media.

● Taking into account the above, our plan is to seek one or two senior media personalities to attend the roundtable to moderate sessions (CNBC, Bloomberg, CNN, PBS, etc), and on the sidelines the event conduct select one-on-one interviews. Key Messages delivered at various global agenda events

● Kazakhstan provides easy access to the large and relatively affluent EAEU market – total population of 183 mln. people and GDP (in PPP) of US$4 trillion;

● Kazakhstan’s strategy of playing a leading role in building out New Silk Road logistical capabilities coupled with an economic reform agenda underpinning the establishment of state-of-the-art, highly automated manufacturing and modern agro-industrial development represents a generational opportunity for investors;

● The Kazakhstan Goverrnment is prepared and determined to put in place the needed reform measures to enhance the business and investment environment over the short and medium term, while investing in longer term initiatives to enhance human capital and support the development of a knowledge-based economy. The Kazakhstan International Business and Investment Dialog

December 5th, 2017

08:15 – 09:00 Registration and Networking Coffee

09:00 – 09:30 Opening Plenary Opening Remarks HE , Prime Minister of the Republic of Kazakhstan

09:30- 10:45 THE KAZAKH ECONOMIC REFORM AGENDA: CHALLENGES AND OPPORTUNITIES Recently President Nazarbayev announced a comprehensive economic modernization strategy: Modernization 3.0, in which the country would leverage its two decades’ success story in building energy resource and extraction industries and invest in the next generation of knowledge intensive manufacturing, logistics, agro-industrial and financing industries. What are some of the global trends and natural attributes that will allow Kazakhstan to pursue such a strategy? How can international business community capitalize on these initiatives? What obstacles must policy makers and investors overcome?

Moderator Oriel Morrison, Co-anchor, CNBC's Street Signs (Singapore)**

Panelists Chandrajit Banerjee, Director General, CII* Suma Chakrabarti, President, EBRD* Oleg Deripaska, Chairman, Basic Element* Kirill Dmitriev, CEO, RDIF* Jean-Sébastien Jacques, CEO, Rio Tinto* Jin Liqun, President and Chairman of the Board of Directors, Asian Infrastructure Investment Bank* Bakytzhan Sagintayev, Prime Minister of the Republic of Kazakhstan** Dan Yergin, Chairman, CERA/IHS Markit* Kazakhstan Roundtable on International Investment

December 5th, 2017

11:00 – 12:15 Parallel roundtable discussions

FINANCING KAZAKHSTAN’S INFRASTRUCTURE TO DRIVE GROWTH Standing at the heart of the emerging land-bridge linking Europe and Asia and benefiting from its membership in the US$ 4 trillion market, Kazakhstan is fast becoming a global hotspot for infrastructure development, logistics, transportation and associated financing and services. What policy initiatives and development bank support are necessary to bring private investment into Kazakh infrastructure projects? What innovative PPP approaches are needed to build critical mass in the sector and how might the International Finance Centre Astana spur innovation and further attract needed capital to bring the sector to full fruition?

Moderator Daniel Salter, Equity Strategy (Global), Renaissance Capital **

Panelists Oleg Belozerov, CEO, Russia Railways * Akash Deep, Senior Lecturer in Public Policy, Havard Kennedy School ** Herman Gref, President, Sberbank * , Governor, International Finance Center Astana (AIFC)** Xu Lirong, Chairman, COSCO * Fumiya Kokubu, CEO, Marubeni * Sultan Ahmed bin Sulayem, CEO, DP World * Kazakhstan Roundtable on International Investment

December 5th, 2017

11:00 – 12:15 Parallel roundtable discussions

INDUSTRY 4.0 AND THE NEXT PHASE IN KAZAKH ECONOMIC MODERNIZATION Leveraging substantial investments delivering state of the art transport and logistics systems, Kazakh-based enterprises have the opportunity to deploy advanced manufacturing technologies (on demand 3-D component and robotic manufacturing, AI-empowered inventory management, etc.), playing a central role in servicing newly emerging global supply chains. What steps do policymakers need to take to make Kazakhstan fertile ground in pioneering Industry 4.0 manufacturing approaches? What industrial sectors and corporate players are likely to be first movers?

Opening Remarks Borge Brende, President, World Economic Forum *

Moderator Ryan Chilcote, Correspondent, PBS **

Panelists Peter Doolan, Exec VP, Salesforce * Sergey Gorkov, Chairman, VEB * Zhenis Kassybek, Minister of Investment and Development, Republic of Kazakhstan** Jin Qi, Chairman, Silk Road Fund * Akio Toyoda, CEO, Toyota * Dimitris Tsitsiragos, Vice President, IFC *

Invited * Confirmed ** Kazakhstan Roundtable on International Investment December 5th, 2017

12:30 – 14:00 Executive Luncheon

THE POTENTIAL IMPACT OF THE NEW SILK ROAD INITIATIVE with keynote remarks by Fareed Zakaria, International Affairs Commentator, CNN, Washington Post * Kazakhstan Roundtable on International Investment

December 5th, 2017

14:15 – 15:15 Parallel Briefings and Q&A on Major Economic Initiatives

NEXT STEPS IN PRIVATIZATION Co-Moderator – Oriel Morrison, Co-anchor, CNBC’s Street Signs (Singapore) **

Panelists Erbolat Dossaev, Deputy Prime Minister of the Republic of Kazakhstan , Minister of Finance of the Republic of Kazakhstan Peter Foster, President and CEO, Air Astana Saken Sarsenov, Chairman and CEO, KazPost

AIFC: ASTANA’S AMBITIONS IN REGIONAL FINANCE Co-Moderator – Ryan Chilcote, Correspondent, PBS **

Panelists Baur Bektemirov, Managing Director, AIFC** Chris Campbell-Holt, International Legal Consultant, former Acting Registrar at the Qatar Financial Centre Civil and Commercial Court** Stephen Glynn, Director General, Committee for Regulatory Affairs, AIFC Kairat Kelimbetov, Governor of International Finance Center Astana (AIFC) ** Temirlan Mukhanbetzhanov, Managing Director, AIFC** Asel Zhexembayeva, Director for Digital Technologies, AIFC**

Kazakhstan Roundtable on International Investment December 5th, 2017

15:30 – 16:30 Government briefings and Q&A on Investment Opportunities in specific sectors

Each of these “Deep Dive” sessions begin with a brief presentation(s) by the relevant government official (or company head) outlining key investment opportunities for the sector or asset. A moderated Q&A and discussion session will follow with a focus on audience participation.

AGRO-INDUSTRIAL EXPANSION Co- Moderator - Pan Pan, Investor, Climate Smart Agriculture **

Panelists , Deputy Prime Minister of the Republic of Kazakhstan - Minister of Agriculture of the Republic of Kazakhstan

ENERGY & PETROCHEMICAL SECTORS Co- Moderator - Nick Butler, Visiting Professor and Chair of the Kings Policy Institute at Kings College London *

Panelists , Minister of Energy of the Republic of Kazakhstan Kurmangazy Iskaziyev, CEO, KazMunaiGaz Galymzhan Pirmatov, Chairman of the Management Board, Kazatomprom Mazhit Turmagambetov, CEO of Management Board, Member of Board of Directors, Tau-Ken Samruk Kazakhstan Roundtable on International Investment

December 5th, 2017

15:30 – 16:30 Government briefings and Q&A on investment opportunities in specific sectors

INFRASTRUCTURE AND LOGISTICS Co-Moderator - Daniel Salter, Equity Strategy (Global), Renaissance Capital**

Panelists Kanat Alpysbayev, Chairman of the Management Board, President of JSC NC KTZ Temir Zholy company (Kazakh Railways) , Chairman of the Management Board, Member of the Board of Directors, Samruk-Kazyna , Minister of National Economy of the Republic of Kazakhstan

16:30 – 18:30 Bilateral Meetings Timeslots

19:00 – 21:00 Networking Reception Followed by Dinner Kazakhstan Roundtable on International Investment

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