Source: Akorda
Kazakhstan and China signed a package of 10 agreements during the Kazakhstan-China Investment Forum in Almaty.
The documents were signed in the presence of Kazakh President Kassym-Jomart Tokayev and cover projects in aluminum production, renewable energy, investment financing, automotive manufacturing, fertilizers, infrastructure and other sectors, The Caspian Post reports, citing Qazinform.
The akimat of Abai region signed an agreement with a consortium comprising Xinjiang Sanbao Industrial Group Co., Ltd. and Inner Mongolia Wanjiang Investment Co., Ltd. on the construction of an electrolytic aluminum production plant and an associated wind power station in the region.
The Abai region akimat also signed an agreement with Xinjiang Sanbao Industrial Group Co., Ltd. and Inner Mongolia Wanjiang Investment Co., Ltd. to build a particle board (chipboard) manufacturing plant in Semey.
Samruk-Energy JSC, China Energy Overseas Investment Co., Ltd. and SANY Renewable Energy Co., Ltd. signed an agreement on joint project development.
Kazakh Invest NC JSC and Silk Road Finance Corporation reached an agreement on key terms for establishing a specialized investment fund at the Astana International Financial Centre (AIFC) to finance promising projects in Kazakhstan.
The Akmola region akimat and SUNGROW Renewable Development Co., Ltd. signed a cooperation agreement on renewable energy projects, including wind power plants with a combined capacity of 450 MW in the region.
The akimat of East Kazakhstan and East Motors Corporation LLP signed a memorandum of intent on establishing a high-tech automotive manufacturing complex producing passenger and specialized vehicles.
The Turkistan region akimat and Turan Chemical Company LLP signed a cooperation agreement on the construction of a urea fertilizer production plant.
The Almaty akimat and Guotai Junan Securities (Hong Kong) Limited signed a memorandum of understanding on cooperation in arranging and supporting the issuance of dim sum bonds on the Hong Kong Stock Exchange (HKEX).
The Almaty akimat, Everest Development and SunnyWorld Group signed an agreement on developing a multifunctional complex that will include an internationally branded hotel and business center.
The Development Bank of Kazakhstan JSC and China Construction Bank Corporation’s Astana Branch signed an agreement on preliminary financing terms to support the bank’s objectives, including the financing of investment projects in priority sectors of Kazakhstan’s economy.
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