Kazakhstan and Indonesia signed commercial agreements
09:26, 13 April 2012
JAKARTA. April 13. KAZINFORM Two commercial agreements were signed during the Kazakh President Nursultan Nazarbayev's visit to Indonesia.
Samruk Kazyna Fund JSC and Indonesian "Multistrada" signed an agreement to establish a joint venture in Kazakhstan for the production of automobile tires with 50/50 participation of the parties ," Deputy Chairman of Samruk Kazyna Kuandyk Bishimbayev said. The project cost is USD 100 million.
Besides, Kazakhstan's "Bereket" and Indonesian company "Indofood" signed an agreement on the supply of Kazakh grain to Indonesia. This year will be supplied 300,000 tons of grain.