Russian corporation becomes interested in Kazakhstan’s Aktobe airport – ADDED

Kazakh Invest, the Kazakhstan’s national company, has agreed with AEON Corporation, Russia, to create a logistics hub based on the international airport in Aktobe, Kazakhstan.

The memorandum was signed at the Kazakhstan Global Investment Roundtable (KGIR-2019) at the third annual global investment roundtable. The event was held under the chairmanship of Prime Minister Askar Mamin in Nur-Sultan (former Astana), Kazakhstan.

AEON owns and manages controlling stakes in 14 regional airports in Russia’s Novosibirsk, Chelyabinsk, Volgograd, Tomsk, Astrakhan, Chita, Tyumen, Perm, Murmansk, Kemerovo, Mineralnye Vody, Kaliningrad, Ulan-Ude and Vladikavkaz. Also, it has minority packages (48-49%) at the airports of Barnaul and Stavropol.

“The project aims to create an additional aviation hub in the west of the country and a new air route network for multimodal freight en route Europe – Asia”, Kazakh Invest reports.

Roman Trotsenko, Chairperson, Board of Directors, AEON, told Kommersant, the Russian edition, that the project provides for the modernization of the runway and the construction of a new terminal building. A working group will be created to determine the amount of investment. According to preliminary estimates, the investment will be at least US $ 50 million.

We note herein that KGIR-2019 also signed an agreement with the Governor’s Office, Turkestan region, Kazakhstan, to construct and operate an international airport. This is the first airport in the history of Kazakhstan, the construction of which will be started from scratch.

In general, following the results of the roundtable, the participants reached investment agreements and signed commercial agreements for 45 projects in the amount of US $ 8.9 billion.

KGIR-2019 gathered over 1,100 heads of major world and domestic businesses, international experts, and representatives of international and government organizations on its site. Of these, about 600 guests included foreign participants from 41 countries of the world (The USA, The Great Britain, Germany, France, Italy, Turkey, India, Singapore, Korea, the United Arab Emirates and others). There was top management of such global companies, as Cisco, Nokia, CITIC Bank Corporation, WILO SE Group, AGCO Corporation, Valmont Industries, Tyson Foods, Yildirim Group and others.

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