Kazakhstan and Hong Kong have taken a significant step toward expanding economic cooperation, with new agreements, investment discussions, and growing interest from leading Chinese and international companies.

The momentum came during the historic visit of Hong Kong Chief Executive John Lee Ka-chiu to Kazakhstan, where the national investment holding Baiterek National Managing Holding hosted a major business forum attended by a large delegation from Hong Kong and mainland China, The Caspian Post reports via Kazinform.

Organized by the Hong Kong Trade Development Council, the delegation included more than 70 representatives from major corporations, financial institutions, and business organizations spanning 17 provinces and regions of China.

During the meeting, Baiterek Chairman Rustam Karagoishin outlined Kazakhstan’s strategy for attracting long-term investment into priority sectors including agriculture, deep processing industries, infrastructure, energy, and export-oriented manufacturing.

He noted that by the end of 2025, Baiterek’s assets had reached $40 billion, with more than $21 billion directed toward economic development projects and over 100 major initiatives implemented across the country.

John Lee highlighted Kazakhstan’s growing importance as a regional economic and transit hub, pointing to opportunities in energy, logistics, agriculture, and industrial development. He emphasized the potential to combine Hong Kong’s financial expertise with Kazakhstan’s resource base and industrial capacity to drive sustainable growth.

The visit resulted in several new cooperation agreements, including memorandums signed between Baiterek and Bank of China (Hong Kong) Limited, Baiterek and Invest Hong Kong, and between the Development Bank of Kazakhstan and Standard Chartered Bank (Hong Kong) Limited.

Several major organizations also expressed interest in expanding cooperation with Kazakhstan, including Airport Authority Hong Kong, China Mengniu Dairy Company Limited, Standard Chartered Bank (Hong Kong) Limited, and Shandong Energy Group Co., Ltd.