+7 (701) 759 90 19
USD 427.15 EUR 519.12
RUB 5.96 CNY 66.84
News

Chinese investors to launch 2 plants in Turkestan region

14 May 2021 10:06
Share in:
Chinese investors to launch 2 plants in Turkestan region

TURKESTAN. KAZINFORM Chinese investors plan to build bus and electric storage battery plants in Turkestan region, Kazinform reports.

Related news
Kazakh President opens Foreign Investors' Council meeting Head of State receives Prime Minister Askar Mamin Kazakhstan’s foreign trade hits USD 28.1 bln

According to the regional authorities, Chinese visiting delegation and Turkestan region authorities met and signed a memo of cooperation. As stated there, many Chinese investors want to arrive and work in Turkestan region as it is rapidly developing. As of now Chinese investors plan to build bus and electric storage battery plants in the region.

Besides, the sides debated development of bilateral cooperation, business ties. Governor Umirzak Shukeyev told about the region’s economic potential and called to fulfill joint projects. A free economic zone will be built at the industrial area within a month. All conditions will be created for investors, such as land resources, electric energy, gas supplies and railway services. Besides, investors will accord tax exemption.

The industrial area, founded as a free economic zone in a short period of time, will cover 350 ha. It will provide great opportunities for realization of investment projects. USD3.5 bln of investments were already attracted into the region. 97 projects worth USD 3.6 bln will be developed in the region within four years ahead. As a result 22,000 jobs will be created there.



Share in:

Author:

Zhanna Nurmaganbetova

Related news
Read also
+7
Send
Employees online
Editor
Nurmaganbetova Zhanna
Nurmaganbetova Zhanna
954-048
Editor
Kudrenok Tatyana
Kudrenok Tatyana
954-048
Editor
Seilkhanov Adlet
Seilkhanov Adlet
954-048

Archive