Kazakhstan Goes Over Energy Cooperation With South Korean Doosan Enerbility
Date
12/13/2023 10:10:25 AM
(MENAFN- Trend News Agency) ASTANA, Kazakhstan, December 13. First Deputy
Prime Minister of Kazakhstan Roman Sklyar has met with Vice
President for Marketing of South Korean Doosan Enerbility Yunho
Yang, Trend reports.
Yunho Yang from Doosan Enerbility offered recommendations for
future energy cooperation during the meeting whcih enatils the
establishment in Kazakhstan of manufacturing facilities for the
assembly of generators, waste heat boilers, and wind turbines, as
well as a competence center for technology transfer.
According to Roman Sklyar, Kazakhstan and South Korea are
strategic partners. These investment ideas will provide even more
incentive for the countries to enhance cooperation and mutually
beneficial relationships.
Korea is one of Kazakhstan's most important trading, economic,
and investment partners.
Mutual trade turnover increased 2.3 times last year to $6.1
billion.
Kazakhstan-Korea commerce totaled $4.6 billion in the first
eight months of 2023, up 10.7 percent over the same period in 2022
($4.2 billion).
Korean companies have invested approximately $9 billion in
Kazakhstan's economy. South Korea is one of the top ten significant
investors in Kazakhstan.
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