UAE to help Kazakhstan to develop industrial park
Kazakhstan, Astana, Feb. 24 / Trend T. Nurmagambetov /
The Kazakh National Innovation Foundation and the UAE company "Castle Oil and Gas Fields Services" signed a memorandum of understanding to develop the Aksai industrial park in West Kazakhstan region, the ministry of industry and new technologies said today.
One of the objectives of cooperation is the foundation's participation in the share capital of the industrial park, as well as the foundation's comprehensive assistance to the companies that are located in the Aksai industrial park.
Aksai Industrial Park is one of the first technical service projects implemented within the target technology program in the Kazakh oil and gas sector. The project involves the production of automated control systems, modular equipment, telecommunication systems, the formation of the center of the new welding technologies in accordance with the international standards.
Aksai Industrial Park is the technological center to attract investors in Kazakhstan with the aim of establishing its own production and transferring new technologies. Aksai Industrial Park was established in 2011.
"Castle Oil and Gas Fields Services" company (UAE) was founded in 2009 to implement large-scale projects in the field of technology transfer. The main activities are consulting, project management, technical expertise.