BAKU, Azerbaijan, Feb. 2
By Nargiz Sadikhova - Trend:
A land plot has been allocated for the construction of the Central Asia International Trade and Economic Center, Kazakhstan’s Minister of Trade and Integration Bakhyt Sultanov said, Trend reports citing Kazakh media.
“The land plot has been agreed on with the Uzbek side. We have allocated a land plot and are holding negotiations with an investor,” Sultanov said.
At the same time, the minister explained that the project implementation is being delayed.
“However, due to the change in the position of the Uzbek side, the process of project implementation is being delayed. We are considering additional options for implementing the project. In general, the Center will contribute to the development of border trade with Uzbekistan through "whitewashing" and the creation of trade infrastructure, and will increase trade up to $10 billion," Sultanov added.
The International Center will be established in several stages.
The first stage envisages conducting surveys on the land plots allocated for the center's construction, developing a single feasibility study and adopting relevant regulatory documents.
Once these measures are completed, it is planned to move to the second stage - on design and construction.
International Center for Trade and Economic Cooperation will consist of a new checkpoint, which will house state control bodies, as well as a service center for the population and entrepreneurs, a transport and logistics center and commercial facilities of the center.
---
Follow the author on Twitter: @nargiz_sadikh
