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
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
- Almaty Pool Serving 2,000 Athletes Faces Demolition After Neighbor’s Complaint
- Women Couriers in Kazakhstan to Receive Legal and Financial Support
- Kazakh Woman Missing Amid Deadly Nepal-China Floods
- Diamond Cheaper Than Sneakers: Confiscated Stone Sells for $47 in Almaty
- Kazakhstan Expands AI-95 and AI-98 Checks to Gas Stations and Fuel Depots
- Uzbek Professor Reportedly Detained in Astana on Espionage Suspicion
- Civil Servants to Disclose Business and Family Ties in Kazakhstan
- QR Payments and Phone Transfers Could Receive VAT Break
- Women-Only Rail Service Expands to Almaty–Tashkent Route
- Kazakhstan and Singapore Reach New Agreements
- China Could Recognize Kazakhstani Driver’s Licenses
- Kazakhstan to Review School Textbooks Over Hundreds of Errors
- New Island Emerges as Caspian Sea Levels Continue to Fall
- Refinery Finds No Problems With AI-95 or AI-98 Despite Driver Complaints
- Astana Pensioner Fined for Dropping His Pants at Prosecutor General’s Office
