GE buys 20% stake in Astana locomotive assembly plant

ASTANA. December 7. KAZINFORM. /Damir Baimanov/ General Electric buys 20% stake in Astana locomotive assembly plant. The corresponding memorandum was signed between President of KazakhstanTemirZholy JSC Askar Mamin and President of General Electric Lorenzo Simonelli during the presentation of the first-ever Kazakh locomotive of Evolution series on Monday.
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Construction of the locomotive assembly plant was started five months ago. The presentation of the locomotive was held with the participation of Kazakh Prime Minister Karim Massimov and Astana Akim Imangali Tasmagambetov.

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