Skopje, 22 July 2025 (MIA) - Prime Minister Hristijan Mickoski is scheduled to hold a meeting on Tuesday with the Chairman of the Turkish company Kazancı Holding, Şaban Cemal.

As reported by the government’s press service, the meeting will be followed by the signing of a Memorandum of Understanding in the Government.

Mickoski and Cemal are to hold a press conference following the agreement signing ceremony.

The signing of the Memorandum of Understanding is expected to pave the way for the implementation of the Kazancı Group investment, worth €1 billion, aimed at constructing a secondary gas pipeline network, a district heating system, and cogeneration plants with an installed capacity of 500 MW, producing 4.1 TWh of electricity and 720 GWh of thermal energy annually.

With over 25 years of experience, Kazancı Group is a global leader in the energy sector, operating 3,500 MW of installed capacity in eight countries and maintaining a presence in 22 countries on four continents.

Photo: MIA archive