Kazakhstan Engineering and Russian Helicopters Expand Cooperation

Astana, Kazakhstan / 05 May 2012 – Today at the International Exhibition of Arms and Military Equipment Kadex-2012 Russian Helicopters, part of Russian state defense industry holding Oboronprom, and JSC Kazakhstan Engineering signed a memorandum of understanding on cooperation between the parties to expand the service and repair of Russian helicopters in the Republic of Kazakhstan.

The signing of the memorandum of understanding between the companies became an important step in the development of bilateral relations between Russia and Kazakhstan in the aviation sector.

“We believe it is important to build an effective, modern support system for owners of Russian helicopters in Kazakhstan that meets the requirements of state and commercial operators of Russian helicopters,” said Deputy CEO of Russian Helicopters Igor Pshenichny. “We expect that the development of cooperation with Kazakhstan Engineering will help us to strengthen the position of Russian rotorcraft in Kazakhstan and the Central Asian market as a whole.”

Russian-made helicopters have traditionally been popular in the Kazakhstan market, where they are used by government agencies. Today, Russian-made rotorcraft are of great interest to commercial operators in Kazakhstan.

“The signing of the memorandum of understanding with Russian Helicopters is an important stage in the development of our business,” said Advisor to the President of JSC Kazakhstan Engineering Vadim Shakshakbaev. “Cooperation with a large Russian holding will help us in implementing the government policy of Kazakhstan to develop the country's industrial base in high technology industries.”