Chinese company shows interest in new projects in Kazakhstan

Chinese company shows interest in new projects in Kazakhstan

Kazakh Prime Minister Olzhas Bektenov and Chen Jinghe, head of the Chinese company Zijin Mining Group discussed expanding investment cooperation in the mining and metals sector. Special attention was paid to the implementation of projects aimed at diversifying Kazakhstan’s economy, as well as geological exploration and development of new deposits, particularly a project in the Akmola region. Bektenov noted that the government is ready to support projects with high added value. Jinghe, in turn, praised the investment climate in Kazakhstan. The country ranks sixth in gold production and 13th in reserves, while the mining and metals sector accounts for 8% of GDP. Last year, the industry attracted $3 billion in investment.