Chinese investors are prepared to invest in projects totaling $10 billion in the West Kazakhstan Region.

As part of his working visit to China, Akim of the West Kazakhstan Region Nariman Turegaliyev met with prominent business representatives in Shenyang, the administrative center of Liaoning Province. The event was organized with the support of the Embassy of the Republic of Kazakhstan in the People’s Republic of China.

The meeting is part of implementing President Kassym-Jomart Tokayev’s directives to strengthen foreign economic ties and further develop investment cooperation. Over the past three years, the West Kazakhstan Region has established close contacts with five Chinese provinces.

More than 70 entrepreneurs attended the event. A video showcasing the investment potential of the Ak Zhayik region was presented. The head of the region highlighted measures of state support for foreign investors and invited the business community to implement specific projects within the region.

“Our region, like the city of Shenyang, is an important industrial and transport-logistics hub. Located at the intersection of nine transport routes, our region is favorable for investors. We are always interested in increasing our potential, establishing modern production facilities, and developing international partnerships,” said Nariman Turegaliyev.

Head of the West Kazakhstan Region’s Department of Entrepreneurship and Industrial-Innovative Development, Nurzhan Otepbayev, noted that a clear system for supporting investment projects has been established in the region, with industrial sites provided with full infrastructure. He also explained the available tax incentives.

Chinese entrepreneurs shared their project plans and expressed their intention to invest in the region.

“Entrepreneurs met directly with the regional leadership and received answers to their questions. This is very important. Fifteen company leaders accompanied me. They operate in industries such as manufacturing, agriculture, and construction. All of them are willing to invest in Kazakhstan, particularly in the West Kazakhstan Region. These companies are ready to implement projects with a total value of $10 billion,” said Feng Haoyang, Head of the Kazakhstan–China Economic, Trade and Investment Cooperation Center.

It should be noted that currently ten major Chinese companies have already invested in various sectors in the region. Last year, trade turnover between the West Kazakhstan Region and China increased 1.5 times, reaching $175 million.