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Friday, November 22nd, 2019

“Baiterek” Holding expands its cooperation with financial institutions and banks of China

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In the course of negotiations with the top management of the Chinese National Corporation for Import and Export of Machinery, the issues of establishing a strategic investment partnership of the Chinese side with the Allure Group, the parties signed the Roadmap on attraction of the Chinese company as a strategic partner.

Also, within the meeting with the leadership of China’s multi-profile company “China Triumph International”, Kazakhstan side represented by “Orda Glass” LLP has signed a bilateral agreement on provision of a strategic partnership and completion of construction of the plant in Kyzylorda region.

During the meeting with Chairman of the Bank of China, the largest commercial bank of the People’s Republic of China, Tian Guoli, the prospects for establishing long-term investment cooperation, including cross-border projects along the Silk Road Economic Route, were discussed.

At present, the Holding cooperates with the Chinese financial organizations and banks, is involved in the implementation of investment projects, including within the framework of the “Silk Road Economic Zone” initiative.

Note that the International Economic Forum “One Belt, One Way – 2017” is devoted to the problems of regional integration and interaction of the Asian countries, in which representatives of the top management of 28 states took part. The main purpose of the event was to discuss the issues of regional and global economic relations, the development of interstate relations through investments in infrastructure, the opportunities for participation in the implementation of the Chinese initiative “One Belt, One Way”.

Source: Kazakhstan 2050

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