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Tuesday, 12 July 2005
U.S. Company Wins a Bid to Construct a Sturgeon Breeding and Caviar-Producing Facility in Turkmenistan
Topic: Economy & business
Turkmen President Saparmurat Niyazov approved a decision made by a tender commission on the results of an international tender on designing and constructing a sturgeon breeding and caviar-producing facility in Kiyanly settlement of Balkan region.

As the Ashgabat correspondent of reports, the “sturgeon” tender was announced in January 2004. According to the tender terms, it called not only for construction of this facility in Balkan region but also for construction (purchase) of a multi-purpose small fishing-boat with special equipment for transportation of fishermen, whitebait and conducting research expeditions in the Caspian Sea as well as construction of various mini work-shops.

The head of state signed a resolution approving the decision of the tender commission of the State Fishery Committee of Turkmenistan on declaring the US Florida Sturgeon Engineering company the winner of the international tender.

The State Fishery Committee of Turkmenistan is authorized to sign a 16.9m-dollar investment contract with the US Florida Sturgeon Engineering company on the design and construction of a complex, the first facility of such kind in Turkmenistan, with the annual capacity to produce three tons of caviar, 100 tons of sturgeon fish as well as 5 mln sturgeon fry, including financing of the project by the U.S. side. The project is due to start as of September 2005 and finish by December 2006.

Internet newspaper Turkmenistan.Ru

Posted by countryturkmenistan at 12:33 PM
Updated: Thursday, 14 July 2005 10:00 AM

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