Kazakhstan and China seek integrated production ecosystems
President Kassym-Jomart Tokayev addressed the Kazakhstan-China Investment Forum in Almaty, urging a move from standalone projects to integrated production ecosystems across transport, industry, critical minerals, digitalization and agriculture. The forum drew more than 600 delegates and Tokayev noted Chinese investment in Kazakhstan has exceeded $29 billion and some 9,000 enterprises with Chinese participation operate there, with bilateral trade near $50 billion and a $100 billion target. Participants signed ten agreements including wind power portfolios, an electrolytic aluminum plant with accompanying wind facilities, financing arrangements and a specialized fund, signalling deeper industrial, infrastructure and finance links between the two countries.
Ten agreements signed to expand Kazakh-Chinese industrial and energy projects
Context
Leaders met at the Kazakhstan-China Investment Forum in Almaty. Trade and investment between the countries have grown recently. The forum may become an annual platform and projects may move into implementation next.
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