Eurasian Integration Yearbook 2012

Natalia Maqsimchook. “Chronicle of EurasianRegional Integration 2011”2011: Data and ReviewsMachine Building IndustryKazakhstan, RUSAL to create joint venture to produce railcarsJune 10, 2011Kazakh President Nursultan Nazarbayev has met with RUSAL CEO OlegDeripaska. The parties discussed the signing of a letter of intent to create ajoint venture to produce railcars. The parties agreed to launch an assembly linewithin 18 months of signing the letter of intent, and a full production cycle in thelonger term. According to Deripaska, Russia and Kazakhstan have decided toupgrade facilities in order to increase production capacity by 20%. The partieshave also introduced new technologies to reduce emissions from coal burningby around 40 times. Deripaska also briefed Nazarbayev on the performance ofthe Samruk Energy-RUSAL joint venture at the Bogatyr coal mine.Note:RUSAL is Russia’s largest aluminium producer and the world’s second largest producer of aluminium andaluminium oxide (as of 2009). The company was established in 2007. RUSAL’s total capacities are 4.4 milliontonnes of aluminium and 12.3 million tonnes of aluminium oxide per year.Kostanay launches UAZ production projectJune 10, 2011Kursiv.kzA new plant to manufacture UAZ automobiles has been launched in Kostanay.The first 9,000 cars may be produced by 2015.The plant is owned by the Sary-Arka Automotive Industry joint venturebetween Sollers of Russia and Kazakhstan’s Tobol Social and EntrepreneurialCorporation.The project to mass-produce UAZ branded motor vehicles will cost $2.4billion. Tobol is allocating 210 million tenge (around $1.4 million) from itsown resources. It was initially thought that the Kazakh government would assistwith financing, but this is yet undecided, slowing down implementation of theproject.Ukrainian and Russian air companies resume merger talksNovember 7, 2011Kursiv.kzUkraine’s largest aircraft manufacturer, ANTONOV, is seeking joint-venturepartners to produce AN-148 and AN-158 aircraft. The joint venture may includeVoronezh Aircraft Company (VASO, Russia) and Russian financial institutions.Eurasian Development Bank283