Feb 19, 2009. /Lesprom Network/. Kazakhstan Kagazy plc announced the acquisition of the remaining 10% stake in Astana Contract JSC, the largest logistics and warehouse operator in Central Asia, following the approval of the transaction by the State Development Bank of Kazakhstan. The total consideration paid was $ 6.4 million. The payment is effected in two tranches with $ 0.6 million paid upfront and $ 5.8 million being deferred to April 11, 2010. In April 2008, Kagazy acquired a 90% stake in Astana Contract for a total consideration of $ 57.6 million. Astana Contract owns a full service container terminal which is located 1.8 kilometres from Almaty-1 railway station and near Almaty International Airport, with a processing capacity of 60 thousand containers per annum and two class A storage facilities with 50 thousand square metres of total space. In addition, Astana Contract owns approximately 60 hectares of land in Astana and Aktubinsk, conveniently located near roads and necessary infrastructure for construction of logistics facilities. Kazakhstan Kagazy plc runs Central Asia’s largest producer of paper, corrugated board and packaging products.