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A memorandum of cooperation with Chinese companies was signed at NC Kazakhstan Engineering JSC

Representatives of NC Kazakhstan Engineering JSC met with a number of large machine-building organizations in China operating in the civil industry.

The parties discussed issues and proposals for the further development of bilateral cooperation, and also signed a memorandum and an agreement on cooperation.

First of all, an agreement was made with representatives of SINOHYDRO Bureau 14 Co., Ltd. This organization is a key subsidiary of POWER CHINA Corporation.

The projects implemented by SINOHYDRO cover a wide range of fields, including hydropower, mining and many others. It should be noted that for several years in a row the organization occupies a leading position among foreign companies in terms of economic indicators in Yunnan Province.

In addition, a framework agreement on investment cooperation was concluded with Liangjiang Jingkong Precision Control Electronic Technology Company LLC. This is an agreement on a project to create a digital industrial park for the production of civilian electronic explosives.

Liangjiang Precise Control Electronic Technology (Chongqing) Co., Ltd. was created as part of a multifunctional trade and economic platform for the SCO countries.

Cooperation between the two countries can serve as a start for deepening trade and economic cooperation, promoting a favorable investment image of Kazakhstan and increasing the competitiveness of business both in the Republic of Kazakhstan and in China.