West Kazakhstan, China join forces on $280m investment drive

October 13, 2025 (MLN): West Kazakhstan has moved forward with 14 major investment projects in collaboration with Chinese enterprises, marking a significant stride in bilateral economic cooperation, according to the regional akimat’s press service cited by Kazinform.

The initiative follows President Kassym-Jomart Tokayev’s meeting with Chinese President Xi Jinping, where both leaders reaffirmed their commitment to expanding trade and industrial partnerships.

Tokayev underscored that “China is Kazakhstan’s largest trading partner, and joint large-scale projects are being developed.”

Chinese investors are expected to inject over 134 billion tenge (approximately $280 million) into critical sectors such as energy, agriculture, construction, oil recycling, and healthcare.

Among the initial developments, construction will soon begin on a 34 MW gas-fired power plant within the industrial zone to ensure stable energy supply for upcoming production facilities. Additionally, an oil catalyst recycling plant is also set to break ground.

A unified consortium of Kazakh and Chinese companies will oversee the implementation of these 14 projects, spanning energy, agrotechnology, oil industry, construction, and healthcare.

During a visit to China’s Shandong province, a delegation led by regional governor Nariman Turegaliyev explored advanced industrial technologies and attended the dispatch ceremony of the first five containers of equipment destined for Kazakhstan.

In the first phase, China’s VEGA Power will invest $30 million to establish a facility producing over 10 types of industrial products.

Governor Turegaliyev emphasized that all participating companies must register locally, contribute taxes to the regional budget, hire local workers, and invest in skill development and training programs for Kazakh specialists.

The delegation also visited iKang Guobin Checkup Center to study modern healthcare innovations.

West Kazakhstan ranked third nationwide in attracting foreign direct investment during the first half of 2025, reflecting growing investor confidence.

The investment event was facilitated by the Kazakh Embassy in China.

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