Kazakhstan Bank of Development JSC informed about its participation in the project for creation of modern transport-logistic network in Republic of Kazakhstan

/KASE, September 20, 07/ - Kazakhstan Bank of Development JSC (Astana), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the press-release in which the following is informed: quotation begin Board of directors of Kazakhstan Bank of Development accepted the decision about participation in the project of Astana-Contract JSC and Paragon Development LLP: "Creation of branchy transport-logistic network". Main objective of the project is creation of modern transport-logistic network in Republic of Kazakhstan. By the project is supposed the building of Transport-logistic center (TLC) in Astana. In the frames of general project is planned the building of TLC in Almaty, Astana, Karaganda, Shymkent, Aktobe (Kandyagash city), in Aktau (on railway station Dostyk). Today in Almaty with participation of minister of transport and communications Serik Akhmetov was opened the TLC in Almaty. Building of Almaty TLC was conducted with participation of Halyk Bank JSC. Powers of Almaty TLC let to process loads on the square about 50,000 square meters, storehouse provides services of all types of storage. Astana TLC will provide the services similar to services in Almaty. Capital TLC will include the load container terminal on the area of 30 hectares and storage complex of "A" class with 70 th. square meters.. Total cost of the project makes about 123 m. US dollars. Quotation end [2007-09-20]