Kazakhstan and China Sign $3.7 Billion Worth of Documents

  • 04.07.2024 18:31

China Huadian Corporation, with assets valued at $140 billion, plans to implement several projects in the energy sector.

For instance, Kazakhstan Temir Zholy JSC and Lianyungang Port Group signed an agreement to invest in the construction of a container hub based on the port of Aktau. This project aims to improve logistics infrastructure and expand opportunities for transit shipments through Kazakhstan .

KazFoodProducts Group in collaboration with Chinese Myande Group, plans to build a plant for deep processing of wheat into lysine, wheat gluten, and bioethanol in Kostanay. The plant’s processing capacity will be 430,000 tons of grain per year. This project aims to create high-quality products with added value, strengthening Kazakhstan’s position in the international agricultural product market. Moreover, the modernization of a corn deep-processing plant in the Almaty region is planned, expected to increase corn processing capacity to 100,000 tons per year.

Another Chinese company, China Huadian Corporation, with assets valued at $140 billion, plans to implement several projects in the energy sector. The realization of these agreements will be a significant step towards expanding fruitful cooperation between the two countries.

v

The Swiss holding Roche is establishing production in Kazakhstan

The meeting discussed key aspects of implementing the investment project in Kazakhstan, as well as localization agreem ...