Tuesday, July 17, 2007

Kazakhstan plans to invest in international broadcasting


The Culture and Information Ministry of Kazakhstan intends to create a ‘global multi-segment informative broadcasting network’ on the basis of the Kazakhstan Television and Radio Broadcasting Company. Culture and Information Minister of Kazakhstan Yermukhambet Yertysbayev made this public today during the regular session of the Government of Kazakhstan in Astana. The main purpose of the project is to create the largest information agency like Reuters or BBC [sic] with ‘the additional thematic channels of the international broadcasting’. Realization of the project requires about US$500 million.

The Minister also announced that Kazakhstan is developing a program for the transition to digital TV and radio broadcasting, and a preliminary cost estimate of the project is US$1 billion. The Minister added that every digital TV station of Kazakhstan will get an opportunity to extend its broadcasting territory.
(Source: Kazinform/R Netherlands Media Network Weblog)