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 Transfers Its 40% ERG Stake to Samruk-Kazyna
- Astana to Host UEFA Presidential Election in 2027
- Was Kazakhstan’s First Wild Tiger in 70 Years Spotted Near Homes?
- Almaty Deports 35 Indian Citizens for Overstaying
- Kazakhstan Adds AI to School Computer Science Classes
- From Party Lists to Presidential Succession: What the Kurultai Election Could Change
- Financial Regulator Can Force Troubled Banks to Change Owners
- Kazakhstan to Auction 26 Areas for Oil and Gas Exploration
- Is Kazakhstan’s Economy Becoming Less Reliant on Oil?
- Kazakhstan Releases More Than 600 Prisoners Under Amnesty
- Seven Regions of Kazakhstan Face Drought in August
- Dozens of Fake Diplomas Found in Kazakhstan
- Alatau Plans Full-Cycle Sustainable Aviation Fuel Production
- Kyrgyzstan Prohibits Human Cremation
- Trade Minister Says Kazakhstan Should Become a “Landlocked Singapore”
- Kazakhstani Wildberries Sellers Will Receive Advice but No Compensation
- Tankers Keep Returning for Kazakh Oil Despite Attacks at CPC Terminal
- Two Border Villages in Uzbekistan to Become Part of Kyrgyzstan
- Kazakhstan Fines and Jails Over 20 Streamers for Offensive Content
- Foreign Investors Put 2.6 Trillion Tenge Into Kazakh Government Bonds
