ADFIAP addresses Malaysia-Kazakhstan Business Forum

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On invitation by the Republic of Kazakhstan’s Ministry of Industry and Trade, and with the support of the Development Bank of Kazakhstan (DBK), ADFIAP, represented by its Secretary General Octavio B. Peralta, addressed business leaders from both Malaysia and Kazakhstan in Kuala Lumpur on the roles of development banks in pursuing national socio-economic development. Mr. Peralta also cited the achievements of ADFIAP members in both countries and proposed ideas to business cooperation between public and private sectors in the two nations. Among opportunities for development banks he mentioned were in the financing of trade and logistics, small and medium enterprises, renewable energy, agriculture, infrastructure, as well as information and communications technology either through conventional or Islamic banking services. About a hundred participants attended the event which featured presentations on economic and business data as well as business-to-business meetings.

DBK, is a member of the ADFIAP Board of Directors and has been recognized by ADFIAP through its annual awards for its outstanding projects in infrastructure development in 2006 and 2007 and in environmental development in 2009.

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