Shanghai, PRC
During the meeting, the parties discussed the progress of joint projects of strategic importance for strengthening Kazakhstan’s transport, logistics, and energy potential.
The Head of State noted that over the years of its presence in Kazakhstan, CCCC has proven itself to be a reliable and professional partner, successfully delivering complex infrastructure solutions.
President Tokayev emphasized the strategic importance of constructing the Bakhty–Ayagoz railway line, which will considerably increase freight traffic between Kazakhstan and China.
He also highlighted the importance of establishing a joint venture to carry out dredging operations in the Caspian Sea. The President expressed confidence that such a venture would help to create a regional center capable of providing safe navigation services both within the Caspian region and beyond.
Kassym-Jomart Tokayev and Zhang Bingnan also discussed promising initiatives in the energy sector.
The President welcomed the signing of an Agreement on the joint development of Kazakhstan’s first pumped‑storage hydropower plant, noting that the facility will enhance the reliability of the national energy system.
The 600 MW hydropower station is planned to be built by CCCC’s subsidiary, China International Water & Electric Corporation, in the Kargaly River valley in Almaty Region.