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Caspi Limited is pleased to announce the completion of the Townhouses project in Atyrau under lease agreement for residential accommodation with NCPOC, a company part of the consortium developing the Kashagan oil field located in Kazakhstan’s north Caspian Sea.

The contract award calls for the lease of 33 townhouses located at the Chagala development complex in Atyrau.  The townhouses will be used by NCPOC to accommodate staff and their families on a long term basis.  For the first time, Chagala built townhouses to meet the evolving needs of our core customers in the oil and gas industry.

Francisco Parrilla, CEO of the Chagala Group, commented that “We are grateful to NCPOC for trusting us with this project as it relates directly to their most important asset – their staff and families.  Developed on a pre lease basis, these townhouses mark the start of a new product line for Chagala and one that we are confident will continue to grow in demand as more and more companies are looking for family focused residential accommodation in Kazakhstan.”