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Kazakhstan Signs a 15 Billion Dollar Agreement with Chinese Companies in Shanghai

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Kazakhstan Signs a 15 Billion Dollar Agreement with Chinese Companies in Shanghai
Foto: report.az

Wichtigste Punkte

  • During the Kazakh President's visit to Shanghai, more than 70 commercial agreements were signed with Chinese companies.
  • The total value of commercial contracts exceeded 15 billion dollars and focused on artificial intelligence and transportation.
  • A strategic partnership with Huawei and the production of Li Auto, OMODA, and JAECOO vehicles in Kazakhstan were agreed upon.
  • Major infrastructure projects were planned for the Kuryk port terminal, Data Center Valley, and the logistics corridor.

In Zahlen

15 billion dollars agreement valueMore than 70 commercial agreements

During the working visit of Kazakh President Kasım Cömert Tokayev to Shanghai, more than 70 commercial agreements exceeding 15 billion dollars were signed with Chinese companies. Announced by the Press Service of the Kazakh President, these agreements aim to expand the country's economic cooperation in various sectors.

The signed contracts cover various areas such as artificial intelligence, digitalization, transport infrastructure, agriculture, finance, and mechanical engineering. Additionally, Kazakhstan agreed to establish a strategic partnership with Huawei and to manufacture Li Auto, OMODA, and JAECOO brand vehicles in Kazakhstan.

To improve transport and technology infrastructure, agreements were made for the construction of the first phase of a multifunctional terminal at the Kuryk port and the establishment of a Data Center Valley. Furthermore, cooperation was decided on developing the Kazakhstan-China international logistics corridor and realizing large industrial projects.

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What is the total value of the agreements signed between Kazakhstan and China?
The total value of the commercial agreements signed between the two countries exceeds 15 billion dollars.
Which automobile brands are planned to be manufactured in Kazakhstan?
Under the agreements, it is planned to manufacture Li Auto, OMODA, and JAECOO brand vehicles in Kazakhstan.
Which key technology and infrastructure areas do the signed projects include?
The projects include artificial intelligence, robotics, the establishment of a Data Center Valley, electric vehicle infrastructure, and the expansion of the Kuryk port.

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