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
- Kazakhstan’s People’s Party Gets New Leader Ahead Of Kurultai Elections
- Kazakhstan To Check All Plastic Surgery Clinics After Patient Deaths
- Kazakhstan Proposes Extending Beef Export Limits For Another Six Months
- Almaty To Open Public Debate On Ecology In New Master Plan
- Kyrgyzstan Gasoline Shortage Raises Smuggling Risk For Kazakhstan
- Kazakhstan Meets Most Food Needs But Import Gaps Remain
- Kazakhstan May Require Younger Students To Hand In Smartphones During Classes
- Is Kazakhstan’s New Adilet Party Entering Atameken’s Field With Its Own Business Council?
- National Bank Says Digital Tenge Is Helping Kazakhstan Track Public Spending
- Kazakhstan Made New Tenge Bills Smaller To Fit Wallets And Cut Costs
- Kazakhstan Could Host One-Gigawatt AI Data Center From Singaporean Investor
- Kazakhstan Says Gas Supplies Are Stable After Karachaganak Output Cut
- Every Child in Kazakhstan Has Earned $370 From the National Fund
- UAE and Kazakhstan Sign Mutual Driver's License Recognition Deal
- Kazakhstan Updates Subsidies for Green Vehicle Producers
- West Kazakhstan To Spend Billions On Waste: What Will Change By 2030?
- EAEU May Extend Zero Fuel Duties as Russian Refineries Struggle
- Kazakhstan Bans Electric Scooters From Sidewalks
- Open Competition Now Required for Airport Commercial Space in Kazakhstan
- Kazakhstan Completes Key Drilling Stage for Caspian Underwater Internet Cable
