DEC. 1 2013 (The Conway Bulletin) — A Spanish company is considering investing in the Kazakh Caspian Sea port of Aktau, the head of the state-owned Kaznex Invest, Kairat Karmanov, told media. Mr Karmanov didn’t name the Spanish company considering the deal. Aktau is Kazakhstan’s largest port and is key to exports to Europe and beyond.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 163, published on Dec. 4 2013)
NOV. 12 2013 (The Conway Bulletin) — Azerbaijan’s state energy company SOCAR wants to build the largest port in Turkey, media quoted its head, Rovnag Abdullayev, as saying. The plan underlines Azerbaijan’s importance to Turkey as one of its main economic partners. The port will cost $400m to build and be operational by 2016, Mr Abdullayev said.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 160, published on Nov. 13 2013)
SEPT. 20 2013 (The Conway Bulletin) — Azerbaijan’s president, Ilham Aliyev, and Singapore’s minister for industry, Lee Yi Shyan, opened a new shipyard in Baku. The new yard will turn Azerbaijan into a major shipbuilder. Keppel O&M, a Singapore-based marine construction company, owns a 10% in the $480m project. The rest is owned by Azerbaijan.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 153, published on Sept. 25 2013)
APRIL 28 2013 (The Conway Bulletin) — Kazakh industry minister Asset Issekeshev said on a visit to Dubai that the Dubai-based port operator DP World has pledged to invest $1b into Aktau port and the Khorog-Eastern Gates free zone area, media reported. Aktau is Kazakhstan’s main Caspian Sea port. The Khorog-Eastern Gates free zone lies on the border with China.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 133, published on April 29 2013)
APRIL 4 2011 (The Conway Bulletin) – RAKIA, the investment unit of Ras Al Khaimah in the UAE, has sold the majority of its stake in the Georgian Black Sea port of Poti, media quoted Georgian officials as saying. The officials said APM Terminals, a unit of Danish company Moller-Maersk Group, now owned 80% of the port which is an important transport hub.
ENDS
Copyright ©The Conway Bulletin — all rights reserved
(News report from Issue No. 35, published on April 11 2011)
