Kazakhstan Engineering and Spanish businessmen to produce valves for oil-gas pipes

PETROPAVLOVSK. KAZINFORM - A memorandum of cooperation between the Kazakhstan Engineering JSC and the AMPO Co from Spain was signed in Petropavlovsk.

photo: QAZINFORM

The sides will launch production of shut-off valves for oil, gas, and water pipes on the basis of the Munaymash JSC.

AMPO Co is the world leader in high-tech pipe production of any type. The company has dozens of factories around the world, AKIpress News Agency reported Friday.

The business plan will be readt in 6 weeks, and then the company will start production in Petropavlovsk, says president of the AMRO Investment Company John Aguirre.