Prime Minister Olzhas Bektenov held a meeting on cooperation with the People’s Republic of China, focusing on the implementation of investment projects in light of the agreements reached during the recent high-level talks between President of Kazakhstan Kassym-Jomart Tokayev and President of China Xi Jinping.

According to the Ministry of Foreign Affairs, 224 industrial projects are currently being implemented in Kazakhstan with the participation of Chinese investors, amounting to $66.4 billion and creating around 50,000 jobs. China ranks among the top five largest investors in Kazakhstan’s economy, with total investments reaching $26.4 billion from 2005 to 2024.

The Prime Minister emphasized that the recent visit of the President of China to Kazakhstan gave a significant boost to bilateral cooperation. He also noted the importance of the Central Asia–China Industrial and Investment Cooperation Forum held in Astana. During the forum, 58 commercial agreements worth approximately $24 billion were signed between Kazakhstan and China.

“The Head of State has set a goal to attract at least $150 billion in foreign investment by 2029. In this context, full-scale cooperation with China — one of the world’s leading economies and our key investment partner — is a top priority for Kazakhstan. Therefore, systemic measures are needed to increase investment volumes and launch new joint projects, particularly in the production of non-resource and export-oriented goods. The recent visit of the President of China to Kazakhstan, at the invitation of our Head of State, once again demonstrated the high level of political and economic cooperation between our two countries. I will personally oversee and provide full support for each implemented project,” Olzhas Bektenov instructed.

The Prime Minister stressed the need to step up efforts in regions where new projects are currently lacking, including the Abai, East Kazakhstan, and West Kazakhstan regions. He instructed the leadership of these regions to promptly establish partnerships and submit concrete initiatives.

Attention was also given to fulfilling the directive to intensify regional delegations’ visits to Chinese provinces to build long-term partnerships and attract investment. Olzhas Bektenov noted positive dynamics in several regions — such as the city of Astana, and the Almaty, Kyzylorda, and Turkistan regions — which signed agreements and reached preliminary arrangements during the visit of the Chinese President. Other regions were instructed to develop similar initiatives.

The meeting also reviewed the implementation of new agreements concluded between regional authorities and Chinese partners at the Central Asia–China forum. For instance, the Almaty region signed seven documents worth over $6 billion, including projects in green energy, logistics, agriculture, and industry. The city of Astana, along with the Kyzylorda and Turkistan regions, presented initiatives in infrastructure, agro-industrial, and industrial sectors.

As a result of the meeting, national and local executive bodies were instructed to ensure the practical implementation of the signed agreements, provide ongoing support at every stage of each project, and coordinate efforts within the framework of a unified national investment policy.

#Olzhas Bektenov #The Prime Minister of the Republic of Kazakhstan #International Cooperation #Investments #President's instruction

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