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Balykshi

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Balykshi 

urban-type settlement; center of Balykshi Raion, Gur’ev Oblast, Kazakh SSR. Located on the left bank of the Ural River, 4 km south of Gur’ev. Population, 21,300 (1968). Balykshi is a center of the fishing industry. The Gur’ev fish-canning combine, a ship-repair plant, and a construction-materials combine are located there. There is also a fishing-industry technicum.



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Infrastructure: The loan agreement between the EBRD and our subsidiary company, Balykshi LLP, was increased by amendment on June 28 to 32 million USD in debt financing with the EBRD to provide an additional 10 million USD through an equity investment in Balykshi LLP.
As announced in a press release on July 6, 2007, Balykshi LLP, a subsidiary of Caspian, reached an agreement with the European Bank of Reconstruction and Development ("EBRD") to provide $32 million in debt financing towards the $80 million Atash marine base project.
Caspian") (BULLETIN BOARD: CSSV) announced today that the European Bank for Reconstruction and Development ("EBRD") and Balykshi LLP ("Balykshi") have entered into agreements to increase the potential financial commitment of EBRD to help fund the development of a private-sector marine base being developed by Caspian.
 
 
 
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