KT&G is building a new tobacco factory in Kazakhstan with the aim of securing a strategic foothold for exports to Europe, Russia, and Central Asian nations.KT&G announced on Oct. 12 that it held a groundbreaking ceremony for the new factory in Almaty Province, Kazakhstan, on Oct. 11, attended by CEO
Smart sustainable cities need to ensure that vulnerable populations are not left behind in the drive for technological progress, international child protection and sustainable development expert Joanna Rubinstein said Tuesday.Addressing a gathering of international mayors of the World Smart Sustaina
Korea Expressway Corporation announced on June 16 that it participated in the opening ceremony of the 66 km Almaty Ring Road in Kazakhstan and began operation and maintenance of it.About 500 people attended the opening ceremony, including Kazakhstan’s Minister of National Economy Kuantyrov Alibek Sa
The Korea Forest Service held an international meeting for cooperation with Central Asia in Almaty, Kazakhstan. The meeting took place from Oct. 27 to 29 and was attended by five Central Asian delegations and those from international organizations.The delegations were sent by Kazakhstan, Kyrgyzstan,
Hyundai Motor Manufacturing Rus (HMMR), Hyundai Motor Co.'s wholly-owned subsidiary in Russia, sold only one car in the Russian market in June. This is because its plant was shut down due to the Ukraine-Russia war.HMMR sold a total of 862 vehicles in June, according to data released by Hyundai M
KT announced on Sept. 21 that it has signed a memorandum of understanding (MOU) with Medical Partners Korea (MPK) to jointly promote global digital and bio-health businesses.The two companies plan to push for global digital healthcare and medical information digitalization projects using Kazakhstan
Korea Expressway Corp. and SK Engineering & Construction announced on May 26 that they will sign a road operation and maintenance contract with BAKAD Investment and Operation LLP, the operator of the Almaty Ring Road project.The project is to build a 66-km ring road (four to six lanes) in Almaty, Ka
SK Engineering & Construction (SK E&C) announced on Feb. 13 that it signed a financial agreement on financing the Almaty Circular Road Project in Kazakhstan with a creditors group consisting of multilateral development banks (MDBs), including the European Bank for Reconstruction and Development (EBR
Hyundai Rotem announced on October 25 that the company has signed a contract to supply 32 electric train cars to Almaty Metro in Kazakhstan. The order is valued at 80.8 billion won (US$71.1 million).The electric train cars will be put into service in an extension section of Almaty Line 1. They will
According to the Economist Intelligence Unit’s Worldwide Cost of Living report released on March 15, Seoul and Geneva are the sixth-most expensive cities to live in among 133 cities around the world. Seoul ranked sixth in the previous year’s survey, too.“In Seoul, the prices of bread and wine are hi
SK E&C together with Korea Highway Corporation landed an US$737 million worth investment project to build roads in Kazakhstan.SK Construction announced that the company signed a project implementation agreement on February 7 after landing the Almaty Circular Road Construction project from the Kazakh
KT will enter the Kazakhstan’s’ digital healthcare market based on its information communication technology (ICT). The company plans to aggressively develop the overseas digital healthcare market in the future.KT announced on September 26 that the company held a ceremony to launch the Kazakhstan-Kor
KT, South Korea’s second-largest telecom company, announced on September 8 that it has formed a consortium with Pusan National University Hospital and Busan Techno Park and signed a memorandum of understanding (MOU) with four Kazakhstani organizations, including Al-Farabi National University, West K
Kumho Electric announced on July 1 that it has signed a MOU with a Kazakhstani light company for the “Almaty City Street Lighting Project” on June 30.Under the agreement as part of the LED lighting project in Kazakhstan, street lamps and security lights will be supplied first to expressways, light r
The Korea Express Corporation (KEC) has won a contract in Kazakhstan from the local government to consult on a project to establish a strategy to expand its east - west road for US$1.4 million (1.54 billion won).The east-west road in Kazakhstan is a part of a New Silk Road project (TRACECA) linking
LS Cable & System (President Koo Cha-Yol) has received a series of orders for major projects in Kazakhstan, getting the green light for the entrance into new markets. The company revealed that it received an order for power cables worth approximately US$2.4 million (approximately 28 billion won) fro
Q: Major Korean companies such as Samsung and LG have recently been participating in several of your national projects, the scale of which is incredible. Please tell us about the background and meaning of such cooperation. Furth-ermore, what do you think are Korea’s strengths and advantages?A: I bel