Batys tranzit says USTDA provided USD744.0 th grant to company

02.07.14 17:51
/KASE, July 2, 14/ – Batys Tranzit JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of June 30, 2014: quote Joint-stock company Batys tranzit being a successful project in the field of state-private partnership, comprehensively welcomes the initiative of Head of state Nursultan Nazarbaev on improvement of the country's investment climate and development of state-private partnership in Kazakhstan. Since its inception Batys tranzit takes part in industrialization of Kazakhstan by way of implementing infrastructure projects: 2006-2008 Batys tranzit carried out construction of the inter-regional power line 500 kV "Northern Kazakhstan – Aktobe region" (concession project). Construction of the power line allowed a cost reduction on average of 15 % across the region and saving more than KZT6 bn by consumers over 5 years. unquote The full version of the press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/BTTR/bttr_reliz_300614_.pdf [2014-07-02]