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Thursday, May 19th, 2022

Turnover between Turkey and Mahgystau rgn reached 25,4 mln dollars

by July 22, 2017 Market

According to the Governor’s Office of Mangystau region, nowadays, pre-Caspian countries have a close cooperation.

Thus, turnover between Turkey and Mangystau region for the first half year of 2017 comprised 25,4 million dollars, that is by 2,6 times more than in the given period of 2016.

The project, proposed by investments, has great perspectives. The company Bibi energy will treat bitumen. The planned sum of investments is 120 million dollars. This will facilitate to create 200 new workplaces during construction, 160 workplaces after the establishment will have been put into service. The area proposed to investors is situated within the SEZ Morport Aktau.

The memorandum of quadrilateral cooperation betwiin the Governor’s Office of Mangystau region, company Bibi Energy, Enervo Energy and Kassanov Investment Group was signed.

Besides, the investment potential of the region was presented during the event.

In turn, the company Bibi Energy is among the leading independent companies on energy trade, and has great experience in the sphere of trade, logistics, fencing. The company annually realizes more than 17 million metric tons of crude oil and its products.

Today’s meeting will give a new trigger to our cooperation, you will find new spheres of work, projects in the region. I want to ensure, that the Governor’s Office is ready to support any joint undertakings and will provide support in protection matters of investments, Governor of the region Eraly Tugzhanov said.

Source: Kazakhstan 2050