Kazakhstan and Hong Kong Expand Investment Cooperation

The Consul General of the Republic of Kazakhstan in the Hong Kong Special Administrative Region of the People's Republic of China, Bauyrzhan Dosmanbetov, held meetings with representatives of the Hong Kong Special Administrative Region of the People's Republic of China business community.

As part of the discussions on trade and economic cooperation, meetings were held with Jonathan Choi (Tsai Kuan-shum), Chairman of "Sunwah Group", and Liu Liqiang, Chairman of the Board of Directors of "Jiaxin International Resources Investment Limited".

During the meetings, the Chairman of "Sunwah Group" proposed considering the establishment of a permanent distribution center to organize the supply of construction materials from the city of Foshan (Guangdong Province) for the needs of the construction sector of Kazakhstan. For his part, the Chairman of "Jiaxin International Resources Investment Limited" shared the company's plans regarding the implementation of the subsequent stages of the ongoing industrial project aimed at manufacturing higher value-added products.

Following the negotiations, the Consulate General of the Republic of Kazakhstan in the Hong Kong Special Administrative Region of the People's Republic of China confirmed its readiness to provide comprehensive administrative support to investment initiatives. The official visit of John Lee, accompanied by a delegation of over 60 executives from leading multinational corporations, is highly expected to reinforce Kazakhstan's status as the primary trade and economic partner of the Hong Kong Special Administrative Region of the People's Republic of China in Central Asia.