KAZAKH INVEST establishes cooperation with investors of Liaoning Province

KAZAKH INVEST establishes cooperation with investors of Liaoning Province

Representatives of “KAZAKH INVEST” NC” JSC in China held a presentation of Kazakhstan's investment opportunities for large companies in Liaoning Province. The event was attended by the heads of the Department of Foreign Affairs of Liaoning Province and Dalian, Director of the Management Committee of the Dalian Economic and Technological Development Zone of Changxing Island Guo Changming, as well as the management of “Hengli Petrochemical (Dalian) Chemical”.

During the online meeting, Luo Li, Head of the Department of Foreign Affairs of the People's Government of Liaoning Province, expressed the province's interest in establishing mutually beneficial investment cooperation between enterprises of the region and the Republic of Kazakhstan.

The head of one of the leading enterprises of Liaoning Province, the General Director of “Hengli Petrochemical (Dalian) Chemical”, Xu Jin, presented the company's activities, and also expressed interest in jointly exploring the possibility of establishing investment cooperation with Kazakhstani companies in the field of chemistry, petrochemistry and textile industry.

Director of the Dalian Changxing Island Economic and Technological Development Zone Guo Changming presented the activities of the special economic zone and expressed interest in establishing cooperation with Kazakhstan's economic zones.

In turn, the General Representative of KAZAKH INVEST in China Kuanysh Amantai made a presentation of the country's investment opportunities, and also spoke in detail about the measures of state support for foreign investors in Kazakhstan. In his speech, the speaker also noted that the development of investment projects in the field of chemistry and petrochemistry is one of the priorities of the economy of the Republic of Kazakhstan.

As a result of the event, agreements were reached on holding additional meetings with “Hengli Petrochemical (Dalian) Chemical” to discuss opportunities for cooperation on specific investment projects in Kazakhstan, establishing cooperation with other companies in Liaoning Province, as well as KAZAKH INVEST's participation in the “9th China-Central Asia Cooperation Forum”.

For reference: Liaoning Province is a major industrial center of Northeast China, the region produces steel, aluminum, chemical and petrochemical products, cars, buses, airplanes, locomotives, ships, electronics, electrical engineering, industrial equipment, medicines, ready-made clothing, textiles, food and building materials. The province has developed maritime, railway and aviation transport, financial sector, energy, retail, logistics, tourism, telecommunications and information technology.

Large companies from the “Fortune Global 500” and “Forbes Global 2000” lists are based in Liaoning Province, including “Ansteel Group” and “China Zhongwang Holdings” (metallurgy), “Hengli Petrochemical” (petrochemistry), “Bank of Jinzhou” and “Shengjing Bank” (financial services).

Also in the province are the headquarters of the companies "Brilliance China Auto", "BMW Brilliance", "Polarsun Automobile", "SG Automotive" and "Huanghai Bus" (automotive), "Shenyang Aircraft Corporation" (aircraft), "CRRC Dalian" (locomotive manufacturing), "Dalian Shipbuilding Industry Company" and "Bohai Shipbuilding" (shipbuilding), "China Hualu Group" (electronics manufacturing), "Benxi Steel Group", "Dongbei Special Steel" and "Fushun Special Steel" (metallurgy), "Fushun Petrochemical" (petrochemistry), "China Bio-Immunity Corporation" (pharmaceuticals), "Dayang Group" (clothing manufacturing), "Hanwei Group" (food industry), "Siasun Robotics" (robot manufacturing), "Dashang Group" (retail), "Bank of Dalian" (financial services), "Dalian Airlines" (air transportation), "Neusoft" and "Hi Soft" (software).

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