Russia’s Investment Retreat From Kazakhstan
Kazakhstan has definitively abandoned Russia’s participation in the construction of three combined heat and power plants (CHPs) in the cities of Kokshetau, Semey, and Ust-Kamenogorsk. Samruk-Energo, a subsidiary of the National Wealth Fund Samruk-Kazyna, announced that a Kazakh-Singaporean consortium will now lead construction. The plants will use Chinese technology, raising
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