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Kazakh Prime Minister took part in opening Baku grain terminal

Baku. April 4. Kazakhstan Today - Today Baku grain terminal opening took place in the settlement Govsany with participation of the President of Azerbaijan Ilham Aliyev and the Kazakh Prime Minister Karim Masimov, the agency reports. I.Aliyev and K. Masimov examined the terminal and took part in the ceremony of its launching. The terminal accepted 3 thousand tons of the Kazakhstan grain. As it was informed earlier, full putting into operation of the terminal is expected to take place expected to take place by August of 2007. During 2007 mill construction near the terminal is planned to start. Baku grain terminal is the joint Azerbaijan-Kazakhstan venture founded by the Azerbaijan company Planet Л and Kazakhstan joint-stock company Food corporation. The terminal is located in the settlement Govsany. The decision on construction of the terminal in Baku was accepted during the official visit of the President of Azerbaijan Ilham Aliyev to Kazakhstan in spring of 2004. Laying of the foundation of the terminal took place in Baku on May 6, 2006. The project cost $6 million. Annual necessity of Azerbaijan in grain makes more than 3 million tons, more than 1 million from which is imported. Capacity of the terminal will reach from 500 up to 800 thousand tons of grain a year. Grain will be delivered from Kazakhstan through the sea from the port Aktau. The enterprise will allow satisfying the needs for grain not only Azerbaijan, but also export it to Georgia, Turkey and Northern Africa. The Kazakhstan governmental delegation will arrive in Baku in the evening, on April 3. The visit will last for three days, during which the Prime Minister of Kazakhstan will hold a number of meetings with the Azerbaijan officials.

Resourse: Kazakhstan Today

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