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
- Kazakhstani Scientists Develop Feed From Meat Processing Waste
- Why Large Families Face the Highest Poverty Risk in Kazakhstan
- Kazakhstan Schoolboy First in Central Asia to Receive Google Grant
- Kazakhstan Prosecutor General’s Office Checks Possible Ties Between Officials and Epstein Case
- After Farmers' Complaints, Kazakhstan Changes Potato Trading Rules
- Officials Accused Of Legalizing Thousands Of Migrants For Bribes In Astana
- Almaty Zoo Names Triplet Tiger Cubs
- Only One Loss-Making Bank Remains In Kazakhstan
- Cormorants To Be Shot In Pavlodar Region
- Kazakhstan And Ukraine Uncover Network Of Fraudulent Call Centers
- Price Growth In Kazakhstan Slows
- How A Chinese Goose Ended Up In Almaty And Joined A Flock Of Wild Ducks
- How Much Savings Make A Kazakhstani Well-Off In Kazakhstan
- How The War In The Middle East Affected Kazakhstanis’ Pension Savings
- Why Almaty’s Crematorium Is Still Not Operating: Authorities Explain
- Why Sparrows And Swallows Have Disappeared In Almaty, Expert Explains On Bird Day
- Audit Finds Violations In Use Of Kazakhstan’s National Fund Money
- Employment Rate In Kazakhstan Falls Despite Lower Unemployment
- “They Have Already Risen Sharply”: Deputy Calls For Extending Utility Tariff Moratorium
- Kazakhstan May Ban Storage Of Extremist And Terrorist Materials
