Larry Havniear, a veteran Central Oregon developer and contractor hosted Yerzhan Utebayev — director for state corporate business for the Eurasian Bank of Kazakhstan recently in Redmond. Utebayev was escorted by Portland’s Tatiana Lifshitz — a government relations consultant.
After a luncheon at One Street Down in Redmond on September 23, the group was joined by Curtis Havniear and Jeff Giles at the northwest Redmond site of Havniear’s proposed 72 acre Dry Canyon Development — a 504 unit mixed use/gated housing development. The project is in the final phase of approval with the City of Redmond, according to Havniear. Financing for the project is expected to close within the next thirty days.
In June 2017, Kazakhstan hosted what has been called the world’s largest science fair attended by over 100 nations — EXPO 2017. This event required a $3 billion dollar investment by the Kazakhstan government.
Utebayev stated that one message he is bringing to the U.S. is, “Kazakhstan is open for business!” He is looking for investment opportunities here in the U.S., identifying joint venture possibilities and developing relationships with economic development agencies and private sector companies.
Kazakhstan is located in Central Asia between Russia and China. Foreign investment in the Republic concentrates in fossil fuels. Kazakhstan is in the midst of a concentrated effort to diversify its economy.
Redmond Developer Hosts Kazakhstan Banking Official
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