Chinese corporation to build elevator plant in Almaty
20:30, 2 April 2014
SHENYANG. KAZINFORM - "Shenyang Yuanda Enterprises Group" Chinese corporation will start the construction of an elevator plant in the industrial zone of Almaty, such a decision was made during the visit of the Kazakh delegation headed by Asset Issekeshev to China.
Following negotiations with the leadership of Liaoning Province (Northeast China), the parties signed a Memorandum of Cooperation between the Chinese corporation "Shenyang Yuanda Enterprises Group" and ""KAZNEX Invest" National Agency for Export and Investment" JSC. According to KAZNEX Invest representative the total financing for the project is around USD 60 million. The plant will create about 450-600 workplaces.