Recently, Deputy Prime Minister and Minister of National Economy of Kazakhstan, Saezek Zhumankhalin, held a series of important talks with the management of two well-known Chinese industrial and agricultural complex leading enterprises in Urumqi.

The series of negotiations aimed at attracting large-scale investment to the economy of Kazakhstan will take place at the office of the QazTrade Trade Policy Development Center's representative office in Urumqi.

One of the important achievements of the talks is the cooperation intention reached with China Pingmei Shenma Holdings Group Co., Ltd., a large comprehensive enterprise in the fields of coal mining, coal chemical industry, and new materials in China. China Pingmei Shenma Group is studying the implementation of a large-scale project with a total investment scale of up to 1.5 billion US dollars in Kazakhstan, planning to build a modern coal chemical complex, promote the layout of the entire coal deep processing industry chain, and produce high value-added products. The Chinese representative stated at the meeting that the company intends to build an intensive and modern full industry chain coal chemical base in Kazakhstan, and regards Kazakhstan as its key investment platform in Central Asia. Zhuman Harin expressed full support for this and invited the Chinese side to actively conduct on-site inspections and investment docking in Kazakhstan.

We highly support projects related to the coal chemical industry. The Kazakh side is ready to provide comprehensive support and will further improve the financing mechanism through collaborative cooperation with the state-owned holding company of Baytielek and the Development Bank of Kazakhstan. Abai state also maintains an open attitude and is ready to provide construction land for the project to land, he emphasized.

At the end of the talks, China Pingmei Shenma Holdings Group and QazTrade Trade Trade Policy Development Center signed a strategic cooperation memorandum on developing Kazakhstan's coal resources and promoting the development of the coal chemical industry.

Another key partner is Xinjiang Zhongxinjian Agriculture and Animal Husbandry Co., Ltd. The company has a strong industrial foundation in the fields of biotechnology, animal husbandry, veterinary vaccine production, feed processing, and agricultural deep processing.

The two sides exchanged views on introducing modern veterinary drug production technology to Kazakhstan and the feasibility of implementing comprehensive solutions in the fields of veterinary medicine, animal husbandry, and agriculture. The focus was on discussing cooperation directions such as the application of modern agricultural technology, irrigation system construction, and high protein corn cultivation.

In addition, the Chinese enterprise also proposed the idea of building an industrial park in Khorgos Special Economic Zone, planning to plant corn and realize the deep transformation of 1 million tons of corn annually. The Chinese partner stated that relying on the cooperation with the National Joint Stock Company of the Grain Contract Company, the company has conducted in-depth research on the Kazakhstan market.

During the meeting, Zhuman Harin suggested that the company make Abai state a key landing area for the agricultural industrial complex and agricultural deep processing joint project.

He also pointed out that after the World Organization for Animal Health lifted the last veterinary restriction measure, Kazakhstan's livestock products have ushered in new opportunities for export. To this end, Kazakhstan has proposed a comprehensive cooperation model, which focuses on establishing professional laboratories that meet Chinese standards, improving the export supervision system, and strengthening the construction of border logistics infrastructure.

Currently, Kazakhstan's focus is no longer limited to the export of live animals, but has shifted towards the export of high value-added and deep processed products. By establishing a sound quality control system and modern logistics infrastructure, we will significantly increase the scale of our exports of deep processed products to China, "emphasized Zhu Manhalin.

Both parties unanimously agreed to continue in-depth research on the details of relevant projects, develop a cooperation roadmap, and organize expert visits and exchanges between the two sides to effectively promote the implementation of various investment initiatives.Editor/Gong Ziwei