Kostanay region strengthens partnerships with China

Today, akim of Kostanay region Kumar Aksakalov held a meeting with the General Representative of the Chinese International Chamber of Commerce in the Republic of Kazakhstan, Mr. Chen Hongqiang.
The parties discussed current issues of bilateral cooperation, noting its fruitful nature. As Kumar Aksakalov emphasized, trade and economic ties of the Kostanay region have been established with 109 countries of the world. In turn, the People's Republic of China is the region's second largest trading partner, with a share of 20.4%. The indicators of this cooperation show high dynamics from year to year. At the end of last year, trade turnover with China increased by 56% compared to the same period in 2022.
Mr. Chen Hongqiang expressed gratitude to the regional akim for the warm welcome and noted the importance of further development of bilateral cooperation. Large-scale projects with the participation of Chinese businesses are being implemented in the Kostanay region, which are demonstrating excellent results. This, in turn, stimulates the influx of additional investment into the region. The favorable geographical location of the Kostanay region is also a significant advantage for business development.
It is worth noting that the Kostanay region has high production potential and is not only an agricultural, but also a developed industrial region.
“Kostanay region attaches great importance to the development of cooperation in all directions,” Kumar Aksakalov emphasized. “We are ready to discuss specific initiative proposals from Chinese investors, both within the industrial zone and in other regions of the region.”
The meeting was held in a constructive and businesslike atmosphere, the parties expressed mutual interest in further strengthening partnerships.