Uzbekistan offers Russian TAIF Group to invest in gas chemical plant in Karakalpakstan

Trend:

Uzbekistan has invited the Tatarstan’s (a subject of Russian Federation) TAIF Group of Companies to take part in the construction of one of the plants of the Ustyurt gas-chemical complex in Karakalpakstan, "Podrobno.uz" reported.

Егемен Қазақстан
15.10.2018 277

The plant will produce polypropylene, various synthetic materials, rubbers and other products.

To kickstart the project, a delegation of entrepreneurs and politicians from Uzbekistan has met with the leadership of TAIF Group in Kazan. The delegation was led by the Deputy Chairman of the Senate of the Parliament of the Republic of Uzbekistan Musa Yerniyazov.

"We have estimated the preliminary capacity of the new plant: it is profitable to build an enterprise that processes more than 2 billion cubic meters of gas per year. We are ready to cooperate in the construction of a gas chemical plant," Yerniyazov said.

Ruslan Shigabutdinov, the Deputy General Director of Corporate Governance, Property & Investments of TAIF OJSC, announced his readiness to consider this proposal.

Currently, the entire external infrastructure of the investment project, the cost of which exceeds $50 million, is being built at the expense of the state. The government of Uzbekistan undertakes to lay power lines, to build roads, and implement housing construction. In one of the industrial zones, comfortable conditions will be created for the enterprises engaged in gas chemistry.

The Uzbek side invited TAIF representatives to visit Karakalpakstan in the near future in order to jointly discuss the details of the work on the project.

LATEST

24.01.2019

Calculating the Risks of Climate Change to the Economy

24.01.2019

Winter Evening by Opera House's Fireplace

24.01.2019

Astana Pro Team to take part in the second Australian UCI WorldTour event

24.01.2019

What kind of sport to choose for child — Ministry of Culture and Sports voices recommendations

23.01.2019

Kazakhstan’s tourism opportunities presented at London international exhibition

23.01.2019

Expert on the Year of Youth in Kazakhstan: Raised issues and their solution will help improve human capital

23.01.2019

Tajikistan, Kazakhstan eye to increase trade to $2B

23.01.2019

Kazakh President participates in the opening ceremony of the Year of Youth

23.01.2019

Kazakhstan to launch fund to support startups

23.01.2019

Kazakh President opens the Year of Youth 

23.01.2019

Azerbaijani president meets Total CEO 

23.01.2019

Establishing fees for services of public procurement websites will help cutting off unscrupulous participants — MF

23.01.2019

Ruslan Beketayev: Those who pay taxes are ones who should participate in government procurement

23.01.2019

Azerbaijani president meets with Visa president in Davos 

22.01.2019

Bakytzhan Sagintayev gives specific instructions for further implementation of President’s Five Social Initiatives

22.01.2019

Kanat Bozumbayev reports on progress of Saryarka gas pipeline construction project

22.01.2019

Microcredit recipients additionally created over 12.6 thousand jobs

22.01.2019

Head of State’s order to allocate grants fully completed — Ministry of Education and Science

22.01.2019

Reducing tax burden will allow 2 million citizens to receive additional income

22.01.2019

Winter in Astana

COLUMNISTS

Aliya Ashim, Journalist

Brazil’s version of Trump: why is it a «wake-up call» for the world?

<p style="text-align: justify;">A racist, a homophobe, a misogynist, a pro-torturer. Because of the profane outbursts and verbal abuse, he has earned such an image and was even considered as a political clown. Once he insulted lawmaker claiming that she was too ugly to be worth of raping. What is more, he said that he’d rather have a dead son than a gay one. Therefore, analysts concluded that Brazil has elected the most extremist president among democratic countries. So why did Brazil decide to make «really radical shift»? How did such an «extreme» and «unpleasant» figure become a president?<br /> </p>

Jylkybay Jagyparuly,

Mechanical engineering is a potential pillar of the economy

In industrialized countries, one of the most important indicators of the economy is the level of development of the machine-building industry. Independent Kazakhstan, striving to achieve ambitious goals, is making great efforts to develop machine building in the process of diversifying its economy.

Alisultan Kulanbay,

June 4 - Day of State Symbols of Kazakhstan

State symbols - the State Flag, State Anthem and State Emblem demonstrate to the world the independence of the Republic of Kazakhstan, also continuity between the past, the present and the future of the state.

Ainash ESALI,

Is it all good that they advertise?

Advertising is the driving force of production and business. This is an indisputable fact.

Nazira RAKHMANKYZY, Film critic

Splash of commercial films in Kazakhstan

Last year, the number of feature films which filmed reached thirty-six in Kazakhstan. We should say that it is an unprecedented figure in the history of Kazakh cinema in the last quarter century.

Comments(0)

ADD A COMMENT