DECRYPTION – The fifty-five projects, integrated into China’s strategic initiative, should help diversify the economy, which is highly dependent on hydrocarbons.
Special envoy to Noursoultan
China is very present in Kazakhstan. The biggest project is the modernization of the oil refinery in Shymkent, in southern Kazakhstan. But in the list of 55 projects listed under the “Belt and Road Initiative” (BRI according to the generally used acronym), for a total of more than 20 billion euros, there is also a unit automotive assembly, solar or wind farms, a camel and mare milk powder production plant, petrochemical projects, transport infrastructure, etc. “2013 was a turning point. The launch by Mr. Xi jinping of the BRI, here in Kazakhstan, made that Chinese investments exploded with this ambition to help our country to diversify the economy, dependent on hydrocarbons in which the Chinese invested in the 1990s», Explains the specialist of China Adil Kaukenov.
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