Investment & companies

Kazakhstan and China sign 8 agreements worth 2.5 billion USD in Shanghai

The smart city of the future between Almaty and Konaev – put into context for European companies

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Published · last updated · 4 Nov 2024

Delegations from Kazakhstan and China have signed eight agreements in Shanghai totaling 2.5 billion US dollars. The agreements cover investments in gas meter manufacturing, mining equipment, raw material production, and vehicle assembly. A key focus is on local production and the modernization of industrial capacities in Kazakhstan.

Key facts

  • Total volume of agreements: 2.5 billion US dollars.
  • Agreement for local assembly of gas meters in the SEZ Alatau (Almaty) worth 8 million US dollars.
  • Investment of 161 million US dollars for a pipe plant in Kazakhstan.
  • Strategic partnership in mining and metallurgy worth 1 billion US dollars.
  • Planning of approximately 1,000 new jobs in vehicle manufacturing in Saran.

All sources (1)

  1. В Шанхае казахстанская и китайская делегации подписали 8 соглашений на общую сумму 2,5 млрд долларовKapital.kz (Telegram) · · RU

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Company

AETEK GmbH Lindenstraße 5
63808 Haibach, Germany

Managing Director

Artur R. Pamin

Commercial Register

Amtsgericht Aschaffenburg
HRB 14157

VAT ID No.

DE288091462

EORI No.

DE644795536634916

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