During the visit of President Nursultan Nazarbayev to China «Samruk-Kazyna» JSC group of companies has signed agreements with Chinese companies in the field of transport, energy, nuclear, metallurgical and chemical industries worth 5.1 billion dollars.
In particular, «Kazakhstan Temir Zholy» NC JSC and Jiangsu Provincial People's Government signed an agreement on strategic partnership in Lyunyungan port city and free economic zone «Khorgos - Eastern Gate». According to the document, the parties will work together on the projects in transport logistics, block trains transport, the construction of terminal and warehouse infrastructure in «Khorgos - Eastern Gate».
Also, «Masalskoye mining and processing complex» LLP (subsidiary of «Tau-Ken Samruk» NC” JSC) and the China National Corporation for Technical Import and Export agreed on the construction of mining and metallurgical complex with a capacity of 1 million tons per year of steel based on iron ore deposit Masalskoe in Akmola region.
«Samruk-Energy» JSC, Development Bank of Kazakhstan and the State Development Bank of China decided on the basic conditions for financing of the project «Construction of a wind farm in Shelek corridor with capacity of 60MW with the prospect of expanding to 300 MW». For the development of green energy in Almaty region, China Development Bank will provide a loan totaling 120 million dollars, the Development Bank of Kazakhstan - 35 million dollars.
«Kazatomprom» JSC has signed an agreement with CNEIC corporation (China Nuclear Energy Industry Corporation) on the transit of uranium products through China to the United States and Canada. This will allow the company to diversify its supplies of uranium products.
«United Chemical Company» LLP signed an agreement on financing and implementation of the project «Production of glyphosate and phosphorus trichloride» in Zhambyl region. Thus, the project will be implemented together with a Chinese company HUALU, and the State Development Bank of China will provide 100 million dollars.
«KazMunaiGas - Processing and Marketing» JSC and China Kingho Energy Group have signed an agreement to establish a joint venture - «Karaganda Sisiai» LLP. The company will be the operator of the project «Construction of the complex processing of coal in Karaganda region». The purpose of the project is to introduce new technologies to produce synthetic liquid coal fuels.
These business agreements will significantly expand cooperation of «Samruk-Kazyna» JSC group of companies with China in the non-oil sectors, thus this will contribute to the diversification of the economy of Kazakhstan.