France, Kazakhstan sign deals worth two billion euros

27th October 2010, Comments 0 comments

France and Kazakhstan on Wednesday signed deals worth two billion euros (2.76 billion dollars), including the sale to Almaty of 295 trains and 45 helicopters, the French presidency said.

Engineering giant Alstom is to supply Kazakh railways with 145 electric locomotives in a deal worth 1.6 billion euros, President Nicolas Sarkozy's office said during a visit by Kazakh President Nursultan Nazarbayev.

The energy-rich ex-Soviet Central Asian state is also to buy 45 of the EC 145 utility helicopters manufactured by aerospace giant EADS' Eurocopter subsidiary in a deal worth 300 million euros, the Elysee said.

The EADS's Astrium also won a 100-million-euro contract to build a satellite assembly, integration, and test (AIT) centre near Astana, while French nuclear firm Areva is to build a nuclear fuel assembly site in Kazakhstan.

Kazakhstan has some of the world's biggest reserves of both uranium and oil and is home to the Baikonur cosmodrome.

© 2010 AFP

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