24.01.2008, 17:30 2612

Social-enterprise corporations to increase spending on social projects - Nazarbayev

Social-enterprise corporations (SEC) should direct part of their profit on realization of social projects.

Zhezkazgan. January 24. Kazakhstan Today - Social-enterprise corporations (SEC) should direct part of their profit on realization of social projects. The President of Kazakhstan Nursultan Nazarbayev said today at the forum of social responsibility of business, the agency reports.

"Social-enterprise corporations should direct efforts to the socially-focused projects, in particular, on development of medicine, education, provision of drinking water," the President said. "The schemes, mechanisms of distribution of profit of social-enterprise corporations on social projects should be developed at this stage," he emphasized. "Their main goal - to develop small and medium enterprises on spots, to receive profit, attract investments and spend these resources for development of the infrastructure of the corresponding region," N. Nazarbayev explained.

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