Almaty and Shanghai Agree on Projects Worth More Than 1.2 Trillion Tenge
Photo: primeminister.kz
The heads of Almaty and Shanghai agreed to implement joint investment projects worth more than 2.7 billion US dollars, or about 1.2 trillion tenge, Orda.kz reports.
This was announced by the press service of the Almaty akimat following a business forum held in the city. Kazakhstani and Chinese companies took part in direct negotiations and signed memoranda and agreements on future cooperation.
We are carefully studying Shanghai’s experience in the integrated development of urban areas and the introduction of modern transport solutions. Almaty is interested in attracting Shanghai construction companies, architectural bureaus and engineering organisations to major projects in the city.Almaty akim Darkhan Satybaldy said.
He added that around 6,000 companies with Chinese participation are already operating in Almaty.
Shanghai mayor Gong Zheng said he plans to expand cooperation with Almaty in finance, mechanical engineering, logistics and green energy, as well as strengthen ties in innovation and high technology.
Dozens of companies took part in the forum, including Bank of China (Shanghai Branch), ZPEC, Shanghai VOSTOSUN, Shanghai Kaiquan Pump, Shanghai Dianeng Electric, Yusheng Group, SAIC Motor, Shanghai Construction Group, ORG Technology, Xizi Elevator and YTO Express, as well as representatives of the medical and pharmaceutical sectors.
Original author: Alexander Smolin
Read also:
Latest news
- Are Kazakhstan’s Ruling Party And Newest Party About To Merge?
- Where Will Astana’s Second Airport Be Built?
- Gibbons And Ring-Tailed Lemurs Born At Almaty Zoo
- Another Group Of Rare Wild Horses Arrives In Kazakhstan
- Heirs Of The Horde? Kazakhstan Reconsiders Its Official History
- Kazakhstan Wants AI To Help Assign Conscripts To Military Units
- Kazakhstan’s Labor Market Will Need More Than A Million Workers
- Belarusian Citizen Extradited From Kazakhstan After Alleging Abuse In Detention
- Illegal Database With Millions Of Kazakhstanis’ Data Found In Zhetysu Region
- Astana LRT Could Get A New Name
- Tokayev Sets Rules For Kazakhstan’s New Political System
- Kazakhstan Looks To Hong Kong To Open New Farm Export Routes
- Kazakhstan Simplifies Social Payment Rules
- Record Gold Reserves And Slower Inflation: What The National Bank Reported To Tokayev
- Gazprom To Increase Gas Supplies To Kazakhstan In 2026
- Gasoline Worth 37 Billion Tenge: Kazakhstan Uncovers Fuel Export Scheme To Kyrgyzstan
- Kazakhstan To Change Rules For Using State Symbols
- Cyprus Visit To Kazakhstan Sparks Dispute In Greek And Turkish Media
- Business Subsidies To Be Reviewed Once Every Three Years
- Former Kyrgyz Prime Minister’s Son Reportedly Detained In Almaty
