ASTANA (TCA) — Chinese Ambassador to Kazakhstan Zhang Hongwei last week met with Kazakh media to talk about plans of creation of new Kazakh-Chinese joint ventures and transfer of production facilities from China to Kazakhstan, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website.
The ambassador said that Chinese companies are preparing to produce different types of products in Kazakhstan.
In his words, 52 projects are included in the list of projects for possible implementation on the territory of Kazakhstan, including the construction of a light railway in Astana, plants for production of cement, glass and other recycling projects.
Zhang Hongwei said that “all these projects are focused on delivering these products to international markets or to meet the demand in the domestic market through replacement of imported goods.”
“Certainly, you (Kazakhstan) have a very solid currency reserve, but using this reserve you can do a lot. Not only import basic goods,” the ambassador said.
He did not exclude participation of Chinese companies in modernization of Kazakh enterprises. “But those factories that have worked for a long time, it is necessary to modernize, to renovate them, and we can help. And, of course, there are new projects. From our side, we will work on inclusion of some of the projects related to the production and processing of agricultural products,” the ambassador said.