Sep 14, 2012
President Lee Myung-bak had a bilateral meeting with Nursultan Nazarbayev, president of Kazakhstan, on his visit to the Central Asian country on September 13. They discussed ways to further improve their strategic partnership and enhance cooperation.
They both appreciated the fact that they both made visits to each other's countries this year in commemoration of the 20th anniversary of the two nations' diplomatic relationship.
As large joint projects by the two countries are underway, the leaders decided to continue to cooperate in energy and plant construction as well as natural resources and nuclear energy.
President Lee Myung-bak, third from right, and President Nursultan Nazarbayev, second from right, examine a miniature of the Balkhash power plant to be built in the Central Asian Nation (photo courtesy of Cheong Wa Dae).
The two sides offered congratulations for the groundbreaking ceremony for the construction of a power plant in Balkhash, a USD four billion project to build a state-of-the-art and environmentally friendly power plant.
The coal thermal power plant will generate 1,320 megawatts of electricity when it is built in 2018 and will account for nine percent of the country's power supply. It is also the first privately funded power plant project in the Central Asian country. A consortium led by Korea Electric Power Corp., Samsung Corporation, and Samruk Energy, a state-run electric power company of Kazakhstan, is leading the project.
When its construction is completed, it will ease power shortages in southern Kazakhstan and generate many new jobs.
By Limb Jae-un
Korea.net Staff Writer
They both appreciated the fact that they both made visits to each other's countries this year in commemoration of the 20th anniversary of the two nations' diplomatic relationship.
As large joint projects by the two countries are underway, the leaders decided to continue to cooperate in energy and plant construction as well as natural resources and nuclear energy.
President Lee Myung-bak, third from right, and President Nursultan Nazarbayev, second from right, examine a miniature of the Balkhash power plant to be built in the Central Asian Nation (photo courtesy of Cheong Wa Dae).The two sides offered congratulations for the groundbreaking ceremony for the construction of a power plant in Balkhash, a USD four billion project to build a state-of-the-art and environmentally friendly power plant.
The coal thermal power plant will generate 1,320 megawatts of electricity when it is built in 2018 and will account for nine percent of the country's power supply. It is also the first privately funded power plant project in the Central Asian country. A consortium led by Korea Electric Power Corp., Samsung Corporation, and Samruk Energy, a state-run electric power company of Kazakhstan, is leading the project.
When its construction is completed, it will ease power shortages in southern Kazakhstan and generate many new jobs.
By Limb Jae-un
Korea.net Staff Writer
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