Alstom considers investing in Kazakhstan’s economy

The interlocutors discussed the possibility of expanding operations of the French rolling stock manufacturer in Kazakhstan.

Prime Minister of Kazakhstan Alikhan Smailov and Alstom President in Africa, Middle East and Central Asia Andrew DeLeone discussed the prospects for expanding operations of the French rolling stock manufacturer, the press office of the Government of Kazakhstan reports.

The guest noted that Alstom plans to invest more than 50 million euros in Kazakhstan’s economy.

DeLeone said the company has been operating in the Republic for more than 10 years. During this period, it has invested hundreds of millions of euros and created hundreds of jobs in the country.

«This illustrates the high level of our strategic partnerships. French companies have a very big incentive to continue investing in Kazakhstan,» the Alstom President in Africa, Middle East and Central Asia said.

DeLeone confirmed that Alstom was seeking to expand production in Kazakhstan and implement new projects.

He noted that Alstom is considering investing another 50 to 100 million euros to build its service centres throughout the country.

07 06 2023, 10:15
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