ASTANA, Kazakhstan, March 6. Kazakhtsan’s Prime Minister, Olzhas Bektenov, held a meeting with the President of the Chinese company CAMC Engineering Co., Ltd. (CAMCE), Li Haixin, and discussed prospective investments in the development of infrastructure in the Kazakh city of Alatau, Trend reports.
In the course of the meeting, the company's president, Li Haixin, presented a number of proposals regarding the prospects of investment cooperation in the development of the transport-logistics and industrial infrastructure of Alatau. Special attention was given to cooperation within the framework of the "Middle Corridor" development.
"One of the priority areas of the government's work is to create the most comfortable investment climate. This will allow the attraction of foreign direct investments into the real economy and ensure the implementation of important projects for the country, creating new jobs. Over the past six years, the volume of foreign direct investments attracted to the country amounted to about $130 billion. At the same time, the measures initiated by President Tokayev to improve the attractiveness of non-extractive sectors are yielding results – foreign investments in the non-extractive sector amounted to $72.7 billion, meaning foreign partners have been investing more in the processing industry," emphasized Olzhas Bektanov.
Following the meeting, relevant government bodies were tasked with developing the investment proposal in detail.
China CAMC Engineering Co., Ltd. is a leading international engineering company that implements complex EPC projects in infrastructure, industry, and energy development in over 60 countries. It is part of Sinomach Group (China National Machinery Industry Corporation), the largest state-owned machinery conglomerate in China.
