Chinese Company to Expand Investment Activities in Kazakhstan
During the meeting, the parties discussed issues of joint partnership and the company’s intention to expand its activities in Kazakhstan, including trade, construction, and investment.
On March 5, 2024, Gabidulla Ospankulov, the Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, met with Mr. Wu Yi, the Deputy General Director of the Chinese company Genertec International Holding Co., Ltd., at the site of JSC "NC "KAZAKH INVEST."
During the meeting, the parties discussed issues of joint partnership and the company’s intention to expand its activities in Kazakhstan, including trade, construction, and investment. In particular, Genertec International Holding is interested in the construction and management of medical institutions and in the development of the Kazakh automotive industry by creating a Kazakhstani automobile brand.
In turn, Gabidulla Ospankulov assured the Chinese partners of full support for all Genertec International Holding investment initiatives in Kazakhstan. The parties agreed to strengthen investment cooperation in implementing promising projects after the meeting.
