ASTANA, Kazakhstan, September 23. The Samruk-Kazyna Group, during the visit of the President of the Republic of Kazakhstan to the United States, signed 10 documents worth $4.4 billion, Trend reports via Samruk-Kazyna.
According to Samruk-Kazyna, a memorandum of cooperation was signed with Kuiper Systems LLC. As part of this project, Kazakhtelecom signed an agreement with Amazon Kuiper Commercial Services to launch satellite communication services in Kazakhstan.
Kazakhstan Railways signed 3 agreements with Wabtec worth $4.2 billion, providing for the supply of 300 freight locomotives with improved features and service maintenance of both new and previously delivered locomotives. Additionally, a mandate agreement was signed with Deutsche Bank and Santander, with the participation of US EXIM, to attract financing for the purchase of 93 Wabtec diesel locomotives.
JSC NC KazMunayGas signed 4 documents—with Chevron on localization of goods, workforce training, and competency development; with ExxonMobil Kazakhstan Exploration and Production on new technologies in the oil and gas sector; with Lummus Technology on the creation of a Competence Center in Atyrau; and a framework agreement with LanzaJet (a project for producing aviation fuel).
The agreements cover strategically important industries—from railways to energy and digital technologies—and aim to enhance Kazakhstan’s technological independence, investment attractiveness, and sustainable development.
The Samruk-Kazyna Group is Kazakhstan’s national fund and holding company, created to manage and develop key state assets. It unites the largest enterprises in sectors such as energy, transport, metallurgy, and telecommunications. The fund’s main goal is to promote sustainable economic growth and modernization of the country’s economy.
