12.12.2007, 16:47 2712

Investment fund ТRACECA to be created in 2009

Investment fund ТRACECA (Transport Corridor Europe Caucasus Asia) will be created in 2009.

Astana. December 12. Kazakhstan Today - Investment fund ТRACECA (Transport Corridor Europe Caucasus Asia) will be created in 2009. The Secretary General of the Inter-Governmental Commission of permanent secretariat Rustan Dzhenalinov informed during the break of the sixth session of TRASECA Intergovernmental commission.

"Business advisory council will be created at IGC TRASECA and TRASECA investment fund will be created in 2009.

The Secretary General explained that the main purpose of creation of business advisory council at TRASECA is development of state-private partnership. "All TRASECA countries - participants within the limits of concession involve private sector in realization of infrastructural projects, therefore, the main purpose of the council- to involve private business in development of the corridor, hold negotiations of businessmen-forwarding agents with the state structures," R. Dzhenalinov specified.

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