Korea implements investment projects in Kazakhstan

Vice Minister of Industry and Infrastructure Development Dinara Shcheglova met with the adviser to the project manager of the «Fresh Wind» program under the Ministry of Trade, Industry and Energy of the Republic of Korea Zhu Hyun Park, El.kz reports with reference to the press service of the Ministry of Industry and Infrastructure Development of the Republic of Korea

During the meeting, the parties discussed the development and strengthening of long-term mutually beneficial cooperation between the two countries. The Deputy Minister expressed interest and hope for fruitful cooperation and invited investors of the Republic of Korea to joint implementation of investment projects in Kazakhstan.

Speaking about the implementation of the Fresh Wind project, the Vice Minister noted the successful implementation of the agreements between Kazakhstan and Korea within the framework of this program.

“Korea is one of the largest economic partners of Kazakhstan. I would like to note the successful implementation of the agreements between Kazakhstan and Korea within the framework of the program. In particular, the construction of the plant of Hyundai Trans Kazakhstan LLP for the production of Hyundai brand cars in Almaty, the implementation of a memorandum of cooperation between the Khorgos-Eastern Gate FEZ. Also, the national company Kazakh Invest is working on the implementation of a project for the construction of modular greenhouses in the North Kazakhstan region. In addition, today our specialists are further working to update the implementation of the Fresh wind program”- Dinara Shcheglova said.

In turn, Zhu Hyun Baek, Advisor to the Project Manager of the Fresh Wind Program, spoke about the economic potential of the country and voiced mutually beneficial proposals in the fields of industry, subsoil use and geology, as well as in the field of roads. Issues on the implementation of the Fresh Wind program were also discussed.

Following the meeting, the parties expressed gratitude for the business conversation and stressed the importance of further development of relations between the Republic of Kazakhstan and the Republic of Korea.

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