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Azerbaijan can build agriculture industry plant in Kazakhstan

3 October 2014 17:03 (UTC+04:00)
Azerbaijan can build agriculture industry plant in Kazakhstan

By Aynur Jafarova

Azerbaijani investor has proposed to construct a plant for Kazakhstan's agriculture industry, Kazakh media reported.

This proposal was made at a meeting of Kazakh President Nursultan Nazarbayev with businessmen of country's Mangistau region.

Vice President of Azerbaijan-based Azersun holding Tahir Gozal proposed to build a plant for production of fodder, if the sea access is granted. He made the proposal after President Nazarbayev spoke about the need to develop agricultural industry, despite the region's climatic characteristics.

Nazarbayev ordered the relevant bodies to study the issue of providing cattle fodder jointly with Kazakhstan's Agriculture Ministry.

Gozal also said the construction of the largest logistics center in the western Kazakhstan has already begun.

"We are currently at the zero cycle [substructure and site preparation process]. The equipment will be purchased from the Netherlands, Japan, and Germany," he added.

The logistics center in Aktau will become Azerbaijan's first relevant projects abroad and will create new export opportunities for entrepreneurs. The construction and management of the center will be carried out by Azersun Holding.

Implementing the first stage of the project requires $20 million which will be financed by the National Fund for Entrepreneurship Support under Azerbaijan's Economy and Industry Ministry.

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