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Alageum Electric, through its subsidiary Asia Trafo, will build a new transformer factory in Shymkent, Kazakhstan, costing 17.9 billion KZT. The project is financed by the Development Bank of Kazakhstan and BRK-Leasing, and will create up to 220 jobs. Construction is to be completed in Q3 2018.
“Строительство нового завода позволит расширить мощности Alageum Electric по производству высокомощных трансформаторов”lsm.kz
Summarized from public sources; check the original articles before acting on it.