Industrial cooperation to promote domestic producers’ development
The Atameken NCE RK, the Union of the manufacturing industry, Alageum Electric JSC and Spetselectra LLP signed a quadrilateral Agreement on cooperation.
The subject of the agreement is establishing a stable and long-term basis for a fruitful partnership, as well as the joint development of electrical engineering and expansion of sales markets.
In particular, the group of companies Alageum Electric JSC and Spetselectra LLP pledged to buy products from each other on mutually beneficial terms, thereby contributing to the development of localization that is an increase of local content.
“The agreement laid the foundation for the development of honest and fair cooperation between the Parties. I am sure that this will contribute to the long-term and mutually beneficial development of the parties on the basis of equality and protection of common interests,” Kuanysh Bishimov, deputy chairman of the Board of the Atameken NCE RK, said.
In addition, the Parties agreed to jointly develop proposals for improving regulatory legal acts in order to support domestic manufacturers.
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