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EDB to invest EUR 196 million in Kazakhstan’s coal mine project

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The Eurasian Development Bank 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.

Source: timesca.com

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