Toqayev Meets CITIC Group Chair to Discuss New Investment Projects in Kazakhstan
Photo: Aqorda
President Qasym-Jomart Toqayev met with Xi Guohua, Chair of the Board of Directors of China’s state-owned investment giant CITIC Group, to discuss expanding Chinese participation in major projects across Kazakhstan, Orda.kz reports.
CITIC Group, one of China's largest investment corporations, has already completed the early modernization of a bitumen plant in Aqtau.
Qasym-Jomart Toqayev expressed gratitude to CITIC Group for the effective implementation of the Aqtau Bitumen Plant modernization project, which was completed ahead of schedule – in April of this year,
Aqorda reported.
During the meeting, both sides explored opportunities for further cooperation in sectors such as energy, petrochemicals, road infrastructure, mining, and agriculture.
Aqorda emphasized that the President "greatly values the activities of CITIC Group as a reliable investment partner of Kazakhstan."
Xi Guohua, in turn, expressed the corporation’s interest in projects including oil refinery modernization, oil pipeline construction, reconstruction of the Center-West highway, and deep grain processing.
Original Author: Zhadra Zhulmukhametova
Latest news
- Nazarbayev-Linked Villa in Spain Agrees to Fund New Coastal Path
- Why Kazakhstan Is Restricting Foreign Goods in Public Procurement
- Kazakhstan Has the Lowest Level of Dependence on China in Central Asia
- Noise, Construction and Cameras: What Astana Residents Are Saying About the LRT Tests
- Marshrutka vs. Shuttle: Why Kazakhstan Is Reinventing the Main Public Transport of the 1990s
- Several Border Checkpoints With China to Close for One Day
- Laser Guidance Systems Begin Testing on Kazakhstan’s Highways
- Kazakhstan Plans Mandatory Labeling for Dietary Supplements and Jewelry
- Chinese Influencer Tao Mingxiu Receives Presidential Award in Kazakhstan
- Kazakhstan Ranks Sixth In the World By Agricultural Land Area
- Uzbekistan Breaks Regional Record In Public Debt Market
- “They Are Not Cattle, You Don’t Vaccinate Them”: Why Zoologists Cannot Save Caspian Seals
- Did The Digital Economy Stumble Over PPP? How The Minister Reacted to the IT Industry’s Problems
- Private Investors to Help Build Juvenile Correctional Facilities in Kazakhstan
- “Like Rotten Eggs”: Residents of Atyrau Again Complain About the Stench in the City
- Digital Passport and Admission Benefits: Kazakhstan Wants to Change Volunteering
- Infected Sunflower Seeds From the U.S. Barred From Entering Kazakhstan
- Almaty Drivers Offered Free Emissions Checks Without Penalties
- Croatia Will Finance Oil Exploration In Aktobe Region
- Half of Kazakhstanis Earn Less Than $1,000 a Month
