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MBVA Indian association discussed opportunities of cooperation NC KAZAKH INVEST JSC

On September, 27, Astana city hosted a meeting with MBVA Indian association. During the meeting, the parties discussed issues of further cooperation in construction.

During the dialogue, representatives of MBVA told about the association founded in 2001 by Mr. Shri. S. R. Kulkarni. This is a consortium of Maratha builders working to create an expanded support system for members, to address the development challenges of the industry in Pune city and India in general.

The meeting was also attended by representatives of Astana SEC, Technopolis JSC, Managing Director of NC KAZAKH INVEST JSC Zhandos Nurlanov, Regional Director for Astana Alzhan Braliyev.

Astana SEC presented the members of the Association the Calatrava project, which would be built on the principle of a covered pedestrian area, not as a classic Mall. There will be elements of street paving, the feeling of the open-sky, street acoustics. It will be available to the public 24 hours a day and will remain a part of the urban infrastructure. Also, during the meeting, they discussed issues of housing construction in Astana and the possibility of “Astana – New City” special economic zone.

Zhandos Nurlanov, Managing Director of NC Kazakh Invest JSC briefed on the Company's activities, created preferences for investors and expressed readiness to provide all possible assistance to the Indian Association.

For reference: MBVA is an Indian Association with more than 3,000 members. All Marathi high-profile builders from Pune are members of the organization. Members of the Association implemented projects in the UAE (Bungalow Scheme in Jumeirah), as well as many projects in AUSTRALIA.

The annual turnover of individual members varies from 20 to 200 million USD. The collective turnover of the members of the Association is close to USD 2 billion.