The III Forum of Interregional Cooperation of the Republic of Kazakhstan and the People's Republic of China was held on June 26 this year in XUAR. Representatives of government agencies and private businesses of the two countries attended the event, including Yerzhan Yelekeyev, Chairman of the Management Board of JSC “NC “KAZAKH INVEST”, El.kz cites invest.gov.kz.
In particular, the Chairman of the Management Board presented the existing state support measures and the current status of interregional cooperation to the participants, stressing that Xinjiang is one of Kazakhstan's largest trading partners. Y. Yelekeyev also told the participants about new investment opportunities in producing high-tech goods from Kazakhstani raw materials, noting that high-value-added projects should become a growth point not only for Kazakhstan's manufacturing sector but also to deepen bilateral cooperation further.
“It should be noted that Chinese businesses are already seriously present in our market as investors. With the support of the Government of Kazakhstan, government agencies and agencies, many projects have already been implemented in the field of energy, oil refining and petrochemistry, metallurgy, mechanical engineering, construction and other industries. We see great potential in the further development of cooperation between Kazakhstan and China in petrochemistry, coal chemistry, and deep grain processing, where China will act as a driver of technological progress,” the Chairman of the Management Board said.
At the end of his speech, Y. Yelekeyevinvited representatives of the Chinese business community to cooperate and jointly implement investment projects, including using the transfer of modern technologies to localize production in Kazakhstan.
Within the framework of the forum, Kazakh and Chinese companies in the fields of energy and logistics were also presented, and B2B meetings with representatives of government agencies of the two countries were held.