Office of KAZAKH INVEST's Independent Partner Opened in China

Office of KAZAKH INVEST's Independent Partner Opened in China

In Xiyan (China), Yerzhan Yelekeyev, the Chairman of the Board of JSC "NC "KAZAKH INVEST," took part in the opening ceremony of the office of Shaanxi Baosheng Silk Road Construction Engineering Co., Ltd, an independent partner of the national company in China.

The Chinese company has opened a representative office within the framework of a cooperation agreement with KAZAKH INVEST. The representative office will assist in establishing close business ties with Chinese organizations to attract foreign direct investment and promote investment opportunities in Kazakhstan. To achieve these goals, Shaanxi Baosheng will facilitate the organization of various investment events, bilateral visits of Chinese companies to Kazakhstan, etc.

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During the event, Y. Yelekeyev presented information about the Republic of Kazakhstan's investment climate and state support measures to the participants. In total, representatives of more than 100 companies from Shaanxi Province and surrounding regions participated in the event.

Also, during the opening ceremony, the Chairman of the Management Board met for the first time with several Chinese investors. Among them, Auto Time – a subsidiary of the Foton Motor automobile brand, interested in the production of light trucks in Kazakhstan; INTLEF Oil and Gas Group Co., Ltd – a manufacturer of oil and gas equipment, and Xi'an Guoli Defense Technology Group – a manufacturer of wheeled and tracked military equipment. In addition, meetings were held with representatives of Chengdu Bangyuda Technology Group Co., Ltd, Qingdao Lulu Agricultural Equipment Co., Ltd, and Shaanxi Leishen Intelligent Equipment Co., Ltd.

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The opening of the Shaanxi Baosheng representative office will help strengthen the growing economic cooperation between Kazakhstan and China. The main task of the new office is to ensure direct and effective communication between Chinese investors and Kazakhstani enterprises and provide comprehensive support.

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