The parties discussed issues of cooperation. Nurlan Zhakupov noted that today’s signing of a cooperation agreement between Hyundai Engineering and KazMunayGas, the Fund portfolio company, in the oil and gas and petrochemical industries will be a key moment in the development of cooperation, opening up new prospects for both sides.

Hyundai Engineering is a South Korean engineering company, a subsidiary of Hyundai Engineering & Construction, one of the largest construction conglomerates in the world. It specializes in the design, procurement, construction and commissioning of industrial facilities.

There was also a meeting with Oh Sechul, the President and CEO of Samsung C&T.

Nurlan Zhakupov noted that the Fund is interested in the company’s experience in the field of energy storage systems.

Samsung C&T Corporation is a South Korean diversified company whose business interests span various sectors, including construction, engineering, tourism and trade.