The Investment Opportunities of Kazakhstan are Presented at the Industrial-Investment Cooperation Forum "Central Asia - China"
The 1st Forum on industrial-investment cooperation "Central Asia - China" was held in a hybrid format by the State Committee for Development and Reforms of the People's Republic of China (NDRC) and the People's Government of Shandong Province. The event is dedicated to current issues and prospects of industrial and investment cooperation between Central Asian countries and China.
During the opening ceremony of the forum, the head of NDRC, He Lifeng, read the welcome address of the Chairman of China, Xi Jinping, to the participants of the event. The head of China noted the relationship of good neighborliness and strategic partnership formed between China and Central Asian countries, China's readiness to deepen industrial-investment cooperation, China's interest in stable and high economic development of the Central Asian region, China's desire to establish high-quality regional economic interaction, and China's openness to the products of Central Asian countries.
During the ceremony, First Deputy Prime Minister of Kazakhstan Roman Sklyar, First Deputy Prime Minister of Kyrgyzstan Adylbek Kassymaliev, Deputy Prime Minister of Tajikistan Ziyzoda Sulaimon, Deputy Prime Minister of Turkmenistan Khojamyrat Geldimyradov, and Deputy Prime Minister of Uzbekistan Jamshid Khojaev also delivered video messages.
In his speech, Roman Sklyar expressed confidence that the forum would become an effective platform for discussing key issues of long-term cooperation in the industrial and investment sectors. It was noted that China is the largest trading partner of Kazakhstan and one of the most important investors in the region.
The opening ceremony was also attended by Vice Governor of Shandong Province Zeng Jianjun, Deputy Chairman of the State Committee for Development and Reforms of China Lin Nianxiu, Mayor of Qingdao Zhou Naixiang, ambassadors of Central Asian countries in China, and leaders of large Chinese companies in the fields of energy, agriculture, industry, transportation, and logistics.
During the main session of the Forum, the General Representative of JSC "NC "KAZAKH INVEST" in China, Kuanysh Amantay, presented the investment potential of the Republic of Kazakhstan, priority sectors of the economy, various measures to support investors, as well as benefits and preferences for foreign investors to the attending participants and business circles of China.
The event included four main sessions and three parallel sub-forums, covering the areas of industrial internet, energy, and agriculture. These platforms presented investment opportunities in Kazakhstan, measures taken by the Government to improve business conditions, as well as specific potential projects for joint implementation.
During a sub-forum on energy cooperation with the theme "Deepening the transformation of the energy industry for common prosperity and development", the representative of "NC "KAZAKH INVEST" JSC in China presented Kazakhstan's potential in the field of renewable energy sources, natural and institutional advantages in implementing "green energy" projects, as well as the development of new directions in clean energy sources such as "green hydrogen" production. Chinese energy companies were proposed to take an active part in the implementation of "green energy" projects in Kazakhstan.
During the Forum, Representatives of "KAZAKH INVEST" in China held a series of meetings and negotiations with leaders and representatives of major Chinese companies in the fields of agriculture, machinery, renewable energy, production of household appliances, and finance.
As a result of the Forum, the Qingdao Initiative on industrial-investment cooperation was adopted, and a list of projects that have become examples of effective industrial-investment cooperation in the region was presented.
Source: "KAZAKH INVEST" representative office in China;
Embassy of the Republic of Kazakhstan in the People's Republic of China.
