7 Sep 2013 19:02

Kazakhstan, China agree on implementing 21 investment projects worth $18 bln by 2020

ASTANA. Sept 7 (Interfax) - Kazakhstan and China have agreed on the implementation of 21 investment projects worth over $18 billion by 2020, says Umirzak Shukeyev, the chief of the Samruk-Kazyna state fund.

Shukeyev and Chang Zhenming, the chairman of the Chinese state-owned investment company CITIC Group, signed an agreement on joint implementation of an investment roadmap at the first session of the Kazakh-Chinese Business Council in Astana on Saturday.

"We worked out an investment roadmap of our Business Council following panel sessions in the first half of the day, which includes the monitoring of 21 projects worth over $18 billion. These projects should be implemented by 2020," Shukeyev said.