Almaty, 3 December 1996 (RFE/RL) -- A new joint venture between Kazakhstani and Indonesian interests is to develop satellite communication facilities mainly for companies in oil and gas production in Kazakhstan.
A document-signing ceremony creating the new venture, called Inkatel, took place in the Kazakh capital Almaty late last month.
The private Kazakh company Jaryq holds a 50 percent stake in the new venture, Indosat of Indonesia has 40 percent, with the remaining 10 percent held by PT Prima Comexindo, also of Indonesia.
Inkatel is the first Kazakh-Indonesian joint venture. It aims to sell technologically-advanced communications equipment to firms involved in the oil industry at all stages, from exploration companies through to refineries, and beyond that, to a broader and more general market.
Services will include data transmissions on the basis of VSAT stations, microwave radio lines, facsimile connections, telephones and more.
At the signing ceremony at Almaty's Hyatt Regency Hotel, officials and businessmen of the two countries expressed satisfaction at the development of ties between Indonesia and Kazakhstan. Signing for the Kazakh side were the Director of Jaryq, Nurlan Alibayev, and Vice Minister of Transport and Telecommunications Kanat Muhamedjanov.