KAZAKH INVEST and Sinohydro Bureau 6 Co., Ltd. Signed a Memorandum of Cooperation in the Development of Infrastructure Projects in Kazakhstan
The Deputy Chairman of the Management Board of JSC "NC "KAZAKH INVEST" Madiyar Sultanbek and the Deputy General Manager of Sinohydro Bureau 6 Co., Ltd. Yao Baozhong held talks on the prospects of cooperation in the field of infrastructure development in Kazakhstan. During the meeting, the parties signed a memorandum of understanding aimed at implementing joint projects.
Sinohydro Bureau 6 Co., Ltd., a subsidiary of Power Construction Corporation of China (POWERCHINA), has significant experience in implementing large-scale construction projects worldwide. The company specializes in the construction of energy facilities, renewable energy sources, as well as industrial and civil structures.
The memorandum outlines cooperation in the following areas: construction and modernization of energy infrastructure, implementation of renewable energy projects, as well as industrial and civil construction, including the development of industrial complexes, residential, and commercial properties.
In addition, Sinohydro Bureau 6 Co., Ltd. expressed interest in financing priority infrastructure projects in Kazakhstan ranging from $100 million to $3 billion.
"We are pleased to strengthen our cooperation with one of the leading global players in the field of infrastructure construction. This opens up wide prospects for the development of strategically important projects in Kazakhstan and the attraction of advanced technologies," said Madiyar Sultanbek.
As part of the signed memorandum, the parties agreed to continue exchanging information, jointly explore investment opportunities, and develop detailed plans for project implementation. This step will be an important milestone in strengthening economic cooperation between Kazakhstan and China, as well as creating new opportunities for attracting foreign investments and developing the country’s infrastructure.
For reference: Sinohydro Bureau 6 Co., Ltd. is a subsidiary of the Chinese state-owned corporation Sinohydro, specializing in construction projects, including hydropower plants, roads, bridges, and infrastructure. The company has extensive experience in implementing large-scale projects in the energy and infrastructure sectors, utilizing advanced technologies and highly qualified personnel. Sinohydro Bureau 6 actively operates in international markets, including projects in Asia, Africa, and Latin America, providing construction, design, and project management services.
