Kazakhstan’s President Kassym-Jomart Tokayev was presented with joint investment projects between Kazakhstan and the Republic of Korea across various sectors of economy, Qazinform News Agency reports, citing Akorda. Among the initiatives presented were projects to localize the production of automotive components in Almaty, including mufflers, seat upholstery, wiring harnesses and floor coverings for domestic automobile plants, as well as the production of wheel rims.
The president was also briefed on the creation of a KIA localization center in Kostanay. The facility is expected to produce door panels, center consoles, seats, headliners and floor coverings, bumpers and other automotive components. In addition, the projects presented included the production of medical ultrasound diagnostic systems, the construction of a multidisciplinary hospital in Almaty using the Korean management model and modern medical technologies, as well as drone manufacturing.
Earlier, Qazinform reported Kazakhstan, South Korea’s KIND sealed deals on Alatau smart city and infrastructure cooperation.