Serbian President Aleksandar Vucic and Kazakh Prime Minister Bakytzhan Sagintayev laid the foundation of the Tesla Park multifunctional residential complex in Astana, reperts Media of Kazakhstan.

"Today we with the president of Serbia laid the foundation stone of the first major business project in Kazakhstan. Within this project, it will be necessary to build social infrastructure – hospitals, schools and kindergartens," Sagintayev said at the Kazakhstan-Serbia business forum in Astana.

The new residential complex will be located on an area of 61 hectares. The estimated volume of investment will be about $500 million, and the planned construction period is 2018-2023.

"Serbian businessmen can now work out issues within the framework of public-private partnership, take on certain social projects in order to start construction of social facilities together with the construction of residential buildings," the Kazakh PM noted.

"The Qazaq Times"