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Nazarbayev opened bioethanol factory in North Kazakhstan
15:54 05.09.2006
text: "Kazakhstan Today" views: [85] Related articlesChina Development Bank to increase line of credit by $300 million Russia provided $300 million credit to Kyrgyzstan President began his working trip to North Kazakhstan Alfa Bank, BTA Ipoteka signed a $5 million loan agreement EBRD gave Bank CenterCredit credit of $10 million for financing of energy saving projects Petropavlovsk. September 5. Kazakhstan Today - The President of Kazakhstan Nursultan Nazarbayev opened a new industrial complex on bioethanol manufacturing today in the city of Taiynsha of the North-Kazakhstan oblast," the agency reports.
The total cost of the project on bioethanol manufacturing totals $94 million. Kazakhstan Bank credit made $60.9 million, Alpha-bank credit - $17.5 million, Center credit Bank credit - $5 million and Biohim own resources - $10.6 million.
The main consumers of Kazakhstan bioethanol will be the countries of the European Union the requirement of which is the existence of bioadditives fuel (not less than 5 %).
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