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Pilkington in USD 200 million Kazakhstan joint venture

Kazakhstan Investment Fund and the UK“s Pilkington Plc have set up a joint venture to build a glass plant near Kzyl-Orda.
“We signed an agreement in late January to form a joint venture for the glas…

Kazakhstan Investment Fund and the UK“s Pilkington Plc have set up a joint venture to build a glass plant near Kzyl-Orda. “We signed an agreement in late January to form a joint venture for the glass project. Investment will total USD 200 million. This will be the biggest industrial project in the country with a very well-known world company”, head of the fund Zeinulla Kakimzhanov told the upper house of Kazakhstan“s parliament. Kakimzhanov noted that the project would be technologically challenging.

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