EDB to invest EUR 196 million in Kazakhstan’s coal mine project
- Written by TCA
ASTANA (TCA) — The Eurasian Development Bank (EDB) and Kazakhstan's largest coal producer Bogatyr Komir have signed a loan agreement to finance Bogatyr Komir’s investment program aimed at modernizing coal production processes at the Bogatyr mine. The EDB will extend a loan facility of EUR 196.6 million for eleven years, the Bank said.