On January 13th, 2020 Mayor of Nur-Sultan Mr. Altai Kulginov came to Seoul. As part of the trip, Mayor held a meeting with the South Korean Hyosung that is interested in implementing a power equipment production investment project. The Kazakhstan side was represented by the electrical engineering company Alageum Electric.
The implementation of this technological project will serve the development of export-oriented equipment in accordance with the Kazakhstan industrialization policy.
The project involves the creation of a Kazakh-Korean Joint Venture in Nur-Sultan, in the Industrial Park on the territory of the Special Economic Zone. Mayor Kulginov attended the Seoul Cybersecurity Center and the Seoul Data Center. During the site visits, parites exchanged their experience and discussed the possibility of implanting Korean developments in the Nur-Sultan.