GE, KTZ, Transmashdiesel Create JV for Production of Diesel Engines in Kazakhstan
Posted on December 04, 2012 at 14:58 PM EST
GE Transportation, a leading global provider of rail, mining and transportation-related equipment, has signed an agreement with Limited Liability Company «Transmashdiesel» and JSC National Company Kazakhstan Temir Zholy's (KTZ) subsidiary JSC Remlokomotiv to create a joint venture company to produce diesel engines in Astana, Kazakhstan. The formation of the JV is subject to various conditions