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Kazakh-Hungarian Fund invests $12M in greenhouse construction in Aktobe

Kazakhstan Materials 12 October 2017 09:33 (UTC +04:00)

Baku, Azerbaijan, Oct.12

By Nigar Guliyeva – Trend:

The Kazakh-Hungarian private equity fund, created with the participation of the KazAgro National Management Holding and the Eximbank of Hungary, managed by CCL Capital, jointly with partners, invested $ 12 million in the project to build a high-tech greenhouse complex in the Aktobe region.

The holding reported that the construction of the greenhouse complex will be phased and implemenred within three years. The project stipulates construction of four blocks with a total area of ​​20 hectares.

A tripartite agreement on the implementation of the project for the construction of a modern greenhouse complex in the Aktobe region was signed back in August 2017 between FoodVentures B.V. (Kazakhstan), Kazakhstan-Hungary Private Equity Fund (Kazakhstan / Hungary) and Green Capital Kazakhstan LLP (Kazakhstan) during AgroInvest Forum 2017 in Astana.

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