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
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
- Amur Tiger Umit Adapts to Life in the Wild in Southern Balkhash
