OREANDA-NEWS. February 24, 2012. Chief Executive Officer of ENRC PLC (Eurasian Natural Resources Corporation) Felix Vulis and Pavlodar Oblast Akim Erlan Argyn signed the Memorandum of Cooperation for implementation of social projects, reported the press-centre of KASE.

The Memorandum total amount is KZT2,350 bn. The projects will be funded through the corporate fund "ENRC Komek", JSC Kazchrome, JSC Eurasian Energy Corporation and JSC Kazakhstan Electrolysis Plant, which enter ENRC Group.

According to the Memorandum the company funds projects jointly selected by the parties and aimed at healthcare, education, culture and sport. The assistance will be provided to public organizations and institutions supporting vulnerable population. 50 beneficiaries and projects have been included to the list.