Business ties between the West Kazakhstan Region and the People’s Republic of China have reached a new level. During a three-day working visit, a delegation from the Aktobe region signed 14 major investment memorandums totaling 134 billion tenge. These agreements are not only a concrete result of bilateral cooperation but also a direct implementation of the tasks set in the President’s Address.

During the visit, delegation members held negotiations with global companies in Beijing and Nanjing. Under the signed memorandums, joint projects will be implemented in industries such as manufacturing, trade, green energy, healthcare, education, and logistics. Notably, equipment for the first two plants is already being shipped to Kazakhstan, with construction work set to begin in the coming days.

Investment Breakthrough: Concrete Projects to Start

According to West Kazakhstan Region Akim (Governor) Nariman Turegaliyev, all 14 projects will be implemented within the region’s industrial zone. This will provide strong momentum for the development of the processing industry.

“In line with the President’s directive, we are paying particular attention to attracting investment in the manufacturing sector. We discussed specific steps to expedite the implementation of these projects with our Chinese partners,” the regional head said.

Also during the trip, an agreement was reached on the construction of a new thermal power station in Uralsk city. The project is expected to be fully financed by the Chinese side, with feasibility studies currently underway.

Focus on Education and Workforce Development

Alongside investment projects, workforce training and personnel development are also key priorities. Chinese investors emphasized the need for local specialists trained in modern technologies for their production facilities. To that end, the two sides agreed to implement a joint Kazakh-Chinese education program.

“Today’s high-tech industries require qualified personnel. To meet this need, the Chinese companies are ready to take on the responsibility of funding education and training for local youth,” said Nariman Turegaliyev.

New Logistics Hub and Trade Representation

During the negotiations, a proposal was reviewed to build a logistics hub in the region valued at 17 billion tenge. This project aims to support transit cargo transportation and enhance transport and logistics infrastructure.

In addition, a second investment and trade office of the West Kazakhstan Region’s “Aqjaiyq” Socio-Entrepreneurial Corporation was opened in Beijing. This representative office is expected to strengthen business ties between the region and China and facilitate direct partnerships.

Major Partner: Beijing Jinyi Yuanfang Holding

In Beijing, strategic cooperation was also established with Beijing Jinyi Yuanfang Holding, which includes 22 holding and 7 subsidiary companies with an annual turnover exceeding 4.5 billion yuan. The holding expressed readiness to invest in several sectors in the region — from manufacturing to healthcare and education.

The new agreements between the West Kazakhstan Region and China are expected to make a significant contribution to the region’s socio-economic development. These are not just plans on paper, but major steps aimed at attracting real investment, creating jobs, and launching modern production facilities. The key task now is to ensure the efficient and timely implementation of these projects.