During his working visit to Shanghai, President Kassym-Jomart Tokayev held
a series of meetings with executives of leading Chinese companies. The parties
discussed the implementation of joint projects. At a meeting with Lu Weibing,
Partner and President of Xiaomi Corporation, the Head of State discussed
cooperation in AI, cloud technologies, and digital platforms. The sides also
discussed training Kazakh specialists to support AI systems, as well as the
production of electric vehicles and batteries. The President reaffirmed
Kazakhstan’s readiness to support the company’s initiatives aimed at expanding
its operations in the country.
At a meeting with Pan Jian, Co-Chairman of the Board of CATL, President
Tokayev welcomed the company’s plans to build a battery manufacturing plant in
Kazakhstan. He emphasized that Kazakhstan has every opportunity to establish a
full production cycle, from raw material processing to finished product
manufacturing. CATL currently accounts for 40% of the global electric vehicle
battery market.
President Tokayev also discussed projects aimed at strengthening
Kazakhstan’s transport, logistics, and energy potential with Zhang Bingnan,
President of China Communications Construction Company Limited (CCCC). The
parties reviewed the construction of the Bakhty-Ayagoz railway line and the
establishment of a dredging company for operations in the Caspian Sea. Tokayev
also welcomed the signing of an agreement with the company on the joint
development of Kazakhstan’s first 600-megawatt pumped-storage hydropower plant
in the Almaty region.
Meanwhile, Guoyou Materials Industry Group plans to build a multimodal hub
at Kazakhstan’s Kuryk port, with a first-phase throughput capacity of 15
million tonnes. President Tokayev discussed the project with the group’s
Chairman, Yu Boyan. The hub will connect maritime and railway routes, while
expanding Kazakhstan’s export and transit capabilities.
Related Articles
