ASTANA, Kazakhstan, April 4. Madiyar Sultanbek, Deputy Chairman of the Management Board of JSC "NC "Kazakh Invest, and Yao Baozhong, Deputy General Manager of Sinohydro Bureau 6 Co., Ltd., recently discussed opportunities for collaboration on infrastructure development in Kazakhstan, Trend reports.
In the course of the meeting, the parties signed a memorandum of
understanding to launch joint projects in various sectors,
including energy infrastructure modernization, renewable energy,
and both industrial and civil construction.
Sinohydro Bureau 6 Co., Ltd. expressed interest in financing key
infrastructure projects in Kazakhstan, with investments ranging
from $100 million to $3 billion.
“We’re excited to deepen our partnership with a global leader in infrastructure construction. This collaboration presents great potential for advancing critical projects in Kazakhstan and introducing cutting-edge technologies,” said Madiyar Sultanbek.
Under the terms of the memorandum, both sides will continue exchanging information, exploring investment opportunities, and developing detailed project plans.
"This step represents a key milestone in strengthening economic cooperation between Kazakhstan and China, while also creating new opportunities for foreign investment and infrastructure development in the country," stated Kazakh Invest.
Sinohydro Bureau 6 Co., Ltd., a subsidiary of the Chinese
state-owned corporation Sinohydro, specializes in large-scale
construction projects, including hydropower plants, roads, bridges,
and other infrastructure. The company boasts extensive experience
in implementing major projects in the energy and infrastructure
sectors, leveraging advanced technologies and highly skilled
personnel. Sinohydro Bureau 6 operates actively in international
markets, with projects across Asia, Africa, and Latin America,
providing services in construction, design, and project
management.
