Investment Agreement Management

GGM management company team is managing a business project (company) that has an active investment agreement with a state institution. The company has fully fulfilled 100% of its investment obligations towards the state; however, it is unable to utilize the asset (land plot) received from the state under the ownership rights granted within the framework of the agreement. Consequently, the implementation of the new investment project planned under the investment agreement cannot proceed.

Administrative and court proceedings are currently ongoing regarding this matter. In parallel, negotiations have commenced between the company and relevant state institutions to revise the terms of the investment agreement, with the aim of replacing the existing asset (land plot) with an alternative land plot where the company will be able to implement the investment project.

Project budget: USD 7,500,000.