ENRC to invest $5.3 bln in Kazakhstan - CEO

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ALMATY, April 26 | Mon Apr 26, 2010 7:38am EDT

ALMATY, April 26 (Reuters) - Miner ENRC (ENRC.L) will invest $5.3 billion in expanding and upgrading production facilities in Kazakhstan within the next four years, Chief Executive Felix Vulis said on Monday.

"We have worked out a development programme for the next four years that costs about $6 billion," he told reporters. "In Kazakhstan (investments) will total $5.3 billion in the next four years." (Reporting by Olga Orininskaya; Writing by Olzhas Auyezov)

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