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Kazakhstan reveals period for completion of Aktau port’s expansion

Kazakhstan Materials 16 October 2014 17:52 (UTC +04:00)

Baku, Azerbaijan, Oct.16
By Emil Ismayilov - Trend:

The expansion of the Aktau port of Kazakhstan will be fully completed in H1 of 2015, Asset Asavbaev, chairman of the Transport Committee of Kazakhstan's Ministry of Investment and Development told Trend in Baku on Oct.16.

He said the port's expansion will allow to increase its capacity from 18.5 million metric tons to over 21.5 million metric tons per year.

Asavbaev added that the first stage, that's to say, the port's northward expansion will be completed in 2014.

Currently, the Aktau port accounts for around 30 percent of the total volume of cargo turnover in the Caspian Sea.

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