Belarus' Atlant to build US$60-70m refrigerator plant in Kazakhstan
08:05, 8 July 2009
ANKARA. July 8. KAZINFORM Belarus' ZAO Atlant and Kazakhstan's OAO National Company SPK Saryarka plans to start building a US$60-70 million refrigerator plant in Astana in 2010, Prime-Tass reported, Kazinform cites The Journal of Turkish Weekly.
Saryarka said in a statement on Monday the plant will cover 16 hectares in Astana's industrial park.
ZAO Atlant and SPK Saryarka on 10 June signed the agreement to build the plant in Astana. The document was signed by SPK Saryarka Chairman of the Board Berik Kmaliyev and ZAO Atlant General Director Viktor Shumilo.
The joint venture will cover around 50% of the Kazakh refrigerator market and export its products to Russia, Kyrgyzstan and Uzbekistan, Kazinform refers to The Journal of Turkish Weekly.
See www.turkishweekly.net for full version.