Memos worth USD 1.7 bln signed in Turkestan

TURKESTAN. KAZINFORM 19 memorandums worth USD 1.7 billion were signed at the Ancient Turkestan - New Opportunities international investment and tourism forum, press service of the Turkestan region governor reports. 

In particular, Turkestan region administration (akimat) signed agreements with investors from Iran, Turkey, Czech Republic, Russia, the UAE, Malaysia, Italy, Poland and China.

Turkestan region governor Zhanseiit Tuimebayev and Iran's Ardabil Petrochemical Co. signed a memorandum to the amount of USD 205 million to build a cancer centre and an oil refinery.

An agreement was signed with Changchun Longyuan Power Equipment Co. Ltd that intends to invest USD 648 million into production of power generation systems and goods.

Green Land Alatau and Russian investors plan to channel USD 180 million into construction of greenery, etc.

It is noteworthy, foreign companies will start soon their work in Turkestan city and region that will take to a new higher level development of agriculture, infrastructure, tourism and light industry and contribute to creation of new productions and workplaces.