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Kazakh official talks investment attractiveness of Pavlodar region

Business Materials 27 November 2017 12:05 (UTC +04:00)
Kazakh official talks investment attractiveness of Pavlodar region

Baku, Azerbaijan, Nov. 27

By Ali Mustafayev – Trend:

Pavlodar region has five main advantages for the attraction of investments, said Bulat Bakauov the head of the region at the meeting with extraordinary and plenipotentiary ambassadors of a number of countries, including Japan, Iran, Austria and Belarus in Astana.

"These advantages are unique location of the region, access to natural resources, low cost of electricity, high level of human resources and the possibility of industrial cooperation with large companies,” said Bakauov, Kazakh media reported.

Pavlodar businessmen, representing such companies as "Pakhar" LLP, "Rubikom" LLP, "KazEnergoKabel" LLP, participating in the meeting, have also expressed their readiness to cooperate with foreign entrepreneurs.

It was also noted at the meeting that the Pavlodar Petrochemical Plant (PPP) already cooperates with the French Air Liquide company, implementing a joint project to provide outsourcing services for the production of technical gases at the PPP.

There is also a factory for the production of briquetted coal from coal dust, built by the Korean entrepreneurs in the region. This year the plant intends to invest 200 million tenge in the expansion of production.

(Exchange rate for 27.11.2017: $1 – 330,39 tenge)

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