«Таu-Ken Samruk» and «CNTIC»: New Opportunities of Bilateral Cooperation

Within the framework of the official visit to China on September 1, 2015 in Beijing with the participation of First Deputy of Prime Minister of the Republic of Kazakhstan B.Sagintayev, Chairman of the Management Board of JSC «Samruk-Kazyna» U.Shukeyev, as well as delegates of JSC «Tau-Ken Samruk», the Framework Agreement for the design, logistics and construction was signed between the subsidiary of JSC «Tau-Ken Samruk» – LLP «Masalskyi GOK» and China National Technical Import and Export Corporation (CNTIC). The Bilateral Agreement was signed by the director of LLP «Masalskyi GOK» R.Kuanyshbayev and President of the Chinese company CNTIC Mr. Tang I.



Also, during the visit to China on September 2, 2015, the Chairman of the Management Board of JSC «Samruk-Kazyna» U.Shukeyev with the signatories of the Agreement visited the Metallurgical Plant «Shougang Jingtang» in Tangshan city, Hebei province. The delegation got acquainted with the industrial and technological processes of the enterprise.

Reference. The plant, covering an area of 3 thousand hectares is one of the largest producers of steel products in China, with production capacity up to 10 million tonsof steel per annum. Currently, the enterprise employs more than three thousand people.