Monday, September 22, 2008

Kazakhstan drops grain terminal plans in Poti

Kazakh Agriculture Minister Akylbek Kurishbayev has told lawmakers that Astana had abandoned plans to build a grain terminal in the Georgian port of Poti, the Kazakh official news agency, Kazinform, reported on September 22. The Minister said that this decision had been taken due to “the current situation in Georgia.”

Kazakhstan, one of the main foreign investors in Georgia, signed a deal with the Georgian Government in June 2007 to construct the terminal. It was announced then that Kazakhstan planned to invest USD 10 million in this project.

1 comment:

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