Kazakhstan discusses joint projects with leading British companies

ASTANA (TCA) — A delegation of Kazakhstan concluded a number of agreements with large British companies during the 4th meeting of the Kazakh-British Intergovernmental Commission for trade, economic, scientific, technical and cultural cooperation held in London last week, the official website of the Prime Minister of Kazakhstan reported.

During the meeting, the Minister for Investments and Development of Kazakhstan, Zhenis Kassymbek, and the Chairman of Kazakh Invest national investment promotion company, Saparbek Tuyakbayev, discussed potential cooperation with British companies Metalysis, Peter Humbro Limited, Wood Group, UK Export Finance, and Citizen Machinery UK.

At a meeting with Chief Executive Officer of Metalysis, Dion Vaughan, the creation of a joint venture for the production of metal powders used in 3D printing for aerospace and automated advanced production applications was discussed.

The result of the meeting with the director of Peter Humbro Limited was an agreement on attracting funding from international institutions (World Bank, EBRD, etc.) for the construction of a refinery for the extraction of gold at a deep level and its refraction.

At the meeting with Alexey Haynes, Senior Vice President of Wood Group (the company is the main participant in the construction of the new terminal at Heathrow Airport), the parties agreed to discuss in detail the cooperation on airport construction projects in Kazakhstan.

With the CEO of the UK Export Finance (UKEF), Louis Taylor, the parties discussed conditions for UKEF investment in Kazakh projects worth $4 billion in the spheres of agriculture, water supply, and construction of LRT in Almaty.

With the investment director of United Green, Albrecht Frischenshlager, the parties discussed the current status of the project for the construction of a solar panels production plant of Kazakhstan’s Burnoe Solar-2 solar power plant and the building of a factory in Kazakhstan for the production of baby milk powder.

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