Samruq-Qazyna Signs Agreements with Chinese Corporations
Photo: Olga Ibraeva / Orda.kz
At the eighth meeting of the Kazakh-Chinese Business Council, more than 70 agreements worth over $15 billion were signed, Orda.kz reports.
Nurlan Zhakupov, head of the Samruq-Qazyna Sovereign Wealth Fund, held talks with leading Chinese corporations, including China Railway Group Limited, PowerChina, TBEA, CRRC, CNPC, CCCC, Huawei Technologies, China Southern Grid, and SANY Group.
The discussions focused on cooperation in energy, transport, logistics, infrastructure, and digital technologies. Particular emphasis was placed on modernizing Kazakhstan’s energy system, developing railway and port infrastructure, expanding renewable energy, and introducing advanced technological solutions.
As part of the visit, President Qasym-Jomart Toqayev and Chinese Vice Premier Ding Xuexiang also launched a key Samruq-Qazyna project — a wind turbine component plant in the Jambyl region.
The opening ceremony was held via teleconference. This is the first facility of its kind in Kazakhstan, developed in partnership with SANY Renewable Energy, one of the world’s largest manufacturers of wind energy equipment.
Latest news
- Kazakhstan Seeks Solutions to Ease Pressure on Uzbek Terminals Amid Export Surge
- Georgia’s Security Service Says No Evidence of “Kamit” After BBC Report
- Kadyrov Confirms Drone Damage to Grozny City
- Russia Temporarily Blocks Kazakhstan's Grain Transit, Threatening Flax Exports to Europe
- Assets of Businessman Dulat Kozhamzharov Seized Following Halyk Bank Claim
- Georgian Opposition Calls December 6 March Over Alleged Use of Chemicals at 2024 Protests
- Severe Smog Covers Oskemen
- Fire and Structural Damage Reported at Grozny City Tower Amid Drone Threat
- Pashinyan Says Foreign Influence Networks Exposed
- Kazakhstan-Based Lukoil Assets Could End Up in Hungarian Hands
- Strong Tenge Pushes Some Banks to Temporarily Stop Issuing Dollars
- Investigation Links Baimsky Project to Nazarbayev's "Wallet," Vladimir Kim
- Three Kazakhstani Nationals Arrested in Georgia Over Alleged 10,000-Ton Oil Theft
- Turkistan Region Contract for 100 Million Tenge Video Project Triggers Scrutiny
- Gennady Golovkin Becomes First Kazakhstani Honored by the International Boxing Hall of Fame
- Former Majilis Deputy Says She Was Stripped of Mandate After Criticizing Authorities
- Mangystau Authorities Investigate Death of Worker Who Fell Into Elevator Shaft
- Golovkin at World Boxing: How Kazakhstan and Saudi Arabia Are Building a New Power Structure in Boxing
- Taraz: Sentences Extended for Defendants in Group Sexual Assault Case
- Taliban Carry Out Public Qisas Execution After Teenager’s Family Killing
