ASTANA, Kazakhstan, April 19. Madiyar Sultanbek, Deputy Chairman of the Board of JSC "NC "Kazakh Invest," met with the leadership of Geoharbour Construction Group, a global leader in geotechnical engineering, Trend reports.
The meeting was all about seizing the bull by the horns when it comes to localizing technological solutions and kicking off joint investment initiatives in Kazakhstan.
“The discussion centered on collaboration prospects in preparing land for infrastructure projects, including transport hubs, industrial zones, and logistics centers. We reviewed the approaches and technologies used by Geoharbour in international projects, as well as their potential adaptation to Kazakhstan’s conditions,” said Kazakh Invest in a statement.
In addition, the two sides explored Geoharbour's potential involvement in wind and solar energy projects, given the rapid growth of renewable energy in Kazakhstan and the strong interest of international investors in sustainable energy.
“We also discussed possibilities for cooperation in satellite and telecommunications technologies, including the development of related infrastructure. The potential for joint projects in financial technology and asset management, involving both Kazakhstani and international partners, was also addressed,” noted Kazakh Invest.
During the meeting, Sultanbek made it clear that teaming up with Geoharbour opens the door to a world of possibilities for Kazakhstan, allowing the nation to reel in not just capital but also cutting-edge technological solutions, especially given the country’s rapid-fire infrastructure development.
“It’s important for us to not only execute individual projects but to create complete industry ecosystems. Developing large-scale infrastructure sites, renewable energy, and telecommunications requires significant technical expertise - which is where we see strong potential for a sustainable partnership with Geoharbour,” he said.
At the conclusion of the meeting, both parties agreed to continue their collaboration, including organizing additional technical meetings and defining specific areas for joint projects. Kazakh Invest expressed its commitment to offering comprehensive support in facilitating connections with relevant government agencies and business partners, as well as assisting with the next steps for joint project implementation.
Geoharbour Construction Group, founded in 2000 in Shanghai, is an international geotechnical engineering firm specializing in foundation preparation for complex geological conditions. The company has completed over 1,000 projects worldwide, including Changi Airport (Singapore), Yan Shan Port (China), and industrial and energy facilities in Indonesia, Vietnam, and the Middle East. The company’s market capitalization stands at approximately $760 million.
