BAKU, Azerbaijan, June 2. Kazakhstan has
proposed considering the establishment of a bilateral
Kazakhstan-Hong Kong investment fund, Trend reports via the Kazakh Ministry of
National Economy.
The proposal was made by Kazakhstan's Deputy Prime Minister and
Minister of National Economy, Serik Zhumangarin, during talks with
Chief Executive of Hong Kong, John Lee, who arrived in Astana at
the head of a large delegation.
During the meeting, Zhumangarin also proposed developing a joint
roadmap for enhancing trade and economic cooperation and exploring
interaction within the Kazakhstan-Hong Kong-Xinjiang format.
The deputy prime minister emphasized Kazakhstan's interest in
establishing joint ventures with leading international companies,
including businesses from Hong Kong.
He also highlighted Kazakhstan's focus on attracting investment
into high-value-added projects. Particular attention was paid to
expanding cooperation in the real sector of the economy.
Kazakhstan proposed exploring opportunities for the joint
implementation of projects in the agro-industrial sector, deep
processing of agricultural raw materials and natural resources, oil
and gas chemicals, coal chemistry, production of mineral
fertilizers and pesticides, as well as the manufacture of finished
products from non-ferrous metals.
The Hong Kong delegation included more than 70 representatives
of businesses and government institutions. Among them were
executives of leading companies operating in green energy,
financial technology, artificial intelligence, robotics, urban
development, mining, and innovation.
