Total volume of planned Chinese investments to Kazakhstan is over $10 bln - Nazarbayev

Date: 02:23, 21-05-2014.

Shaghai. May 21. KazTAG - The total volume of planned investments of China to Kazakhstan is more than $10 bln, said Nursultan Nazarbayev, President of Kazakhstan.

"The total investments volume to be directed in Kazakhstan is more than $10 billion, and our program of industrial-innovational development will enjoy new support from our great neighbor China. It will serve for development of the economy of Kazakhstan, improvement of well-being of our people," he said at the press-conference after negotiations with Chinese officials.

Kazakh terminal opening in the Pacific port Lianyungang is a very important event.

"The terminal will transship through China and Kazakhstan to Europe containers with initial capacity to 3000 tons- it is 250 000 containers with increase of their future capacity by two times. The transit potential of Kazakhstan will be used to the full," he said.

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