Samruk Kazyna Invest and Indox Cryo Energy Overseas LTD signed an agreement on setting up a joint venture to implement the project on the construction of a plant for the production of equipment for petroleum products, liquefied and compressed gases, Indox Samruk Kazakhstan industrial complex.
It will be built on territory of the free economic area of the Aktau Seaport, lada.kz reports.
The project is aimed at meeting the demands of local market and neighboring countries. According to preliminary estimates, the investment will amount to 534mln euros.