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West Kazakhstan and China Launch 14 Major Investment Projects

West Kazakhstan is moving forward with 14 major investment projects in partnership with Chinese entrepreneurs, aligning with the President’s directive to strengthen economic cooperation. The announcement came via the regional administration, Kazinform News Agency reported.

During a recent meeting with Chinese President Xi Jinping, Kazakhstan’s President Kassym-Jomart Tokayev emphasized China’s role as the country’s largest trading partner and highlighted the expansion of joint large-scale initiatives.

Chinese investors plan to inject over 134 billion tenge into key sectors, including energy, agriculture, and healthcare, with several agreements already in place. Construction of two major facilities — a 34 MW gas-fired power station in the industrial zone and an oil catalyst recycling plant — is set to begin soon.

A delegation led by Nariman Turegaliyev, governor of West Kazakhstan region, attended the dispatch ceremony for the first containers of equipment destined for these transformative industrial projects. A unified consortium of companies will oversee implementation across multiple sectors, including agrotechnology, construction, and the oil industry.

China’s VEGA Power will invest $30 million in the project’s first phase, with the first five containers of equipment already shipped to Kazakhstan. Once operational, the facility will produce more than 10 types of industrial products.

Governor Turegaliyev stressed that participating companies must be registered locally, pay taxes to the regional budget, employ local workers, and support the training and education of specialists.

The Kazakh delegation also visited iKang Guobin Checkup Center in China to study innovative healthcare solutions.

Notably, West Kazakhstan ranked third nationwide for foreign direct investment in the first half of 2025. The collaboration event was supported by the Kazakh Embassy in China, reinforcing growing bilateral economic ties.

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