|
Eurasian Resources Group ("ERG" or "The Group"), a leading diversified natural resources group, announces that the Eurasian Development Bank ("EDB") has provided USD 55 million to ERG's Sokolov-Sarybai Mining Production Association ("SSGPO") enterprise in Kazakhstan, in order to finance the production of export goods.
This is in accordance with several state programmes in the Republic of Kazakhstan, including the promotion of export output as part of the National Project for Sustainable Economic Growth. SSGPO's production is exported to EDB member states, among other countries, and this financing will therefore support cooperation around production within the Eurasian Economic Union (EAEU).
The SSGPO is one of the largest mining enterprises in...
|