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