Strategic accords inked between China and Kazakhstan preceding the Second China-Central Asia Summit.
Woah there, buddy! Let's dive into the big news that went down in Astana, Kazakhstan. On June 16, before the second China-Central Asia Summit on June 17, Kazakhstan and China signed a slew of groundbreaking agreements, particularly in the fields of green technology and energy. Buckle up, cause it's gonna be a wild ride!
Kazakhstan Gets a Green Tech Golden Ticket
Kazakhstan's scoring a front-row seat to Asia's biggest green technology extravaganza, thanks to a strategic partnership between the International Green Technologies and Investment Projects Center (IGTIPC) and the Shanghai Science and Technology Exchange Center (SSTEC). This deal aims to give Kazakh enterprises, research centers, and startups access to China's green technology treasure trove, chock-full of innovations in renewable energy, water resources, waste recycling, and agroecology. SSTEC's offering technological and expert support, helping evaluate and adapt 20 priority green projects in Kazakhstan. They'll also co-organize annual roadshows, forums, and business missions.
Dazzling Developments in Energy Sector
Kazakh Prime Minister Olzhas Bektenov had a chat with Li Wei, chairman of Shandong Energy Group, to discuss their joint project with QazaqGaz to build a coal gasification plant in the Karagandy Region. The plant's slated to produce two billion cubic meters of gas annually, create 1,500 permanent jobs, and ramp up the country's technological and export capacity.
Roman Sklyar, Kazakhstan's First Deputy Prime Minister, met with Chen Huaiyu, chairman of the Export-Import Bank of China, to review the bank's continued support in financing major infrastructure, transport, and logistics projects.
A Powerful Pump in Almaty
Another exciting agreement was signed between Samruk Energy and China International Water and Electric Corporation (CIWEC) for the construction of a pumped storage power plant (PSPP) in the Almaty Region. This project's vital for balancing Kazakhstan's renewable energy output with stable generation capacity.
A Cornucopia of Agricultural Accords
In sum, around 58 agreements worth nearly $25 billion were signed during the second China-Central Asia Industrial and Investment Cooperation Forum. This included large-scale agricultural projects, such as a deep corn processing plant in the Zhambyl Region and a high-tech wheat processing facility in the Akmola Region, which is set to break ground this month.
The Green Hydrogen Hustle
Sklyar emphasized Kazakhstan's aim to be one of the world's top suppliers of deep grain processing products over the next decade and to expand food exports to China. Kazakhstan also sealed a green hydrogen production agreement with the Chinese company Seraphim.
Now, these agreements between Kazakhstan and China in the field of green technology and energy are no small potatoes. They promote joint development of cutting-edge green hydrogen and renewable energy projects, enhance green transportation infrastructure, provide strategic access to green financing, and strengthen economic and sustainable development ties between the two countries and the broader region.
So there you have it, partner! Kazakhstan's making some major moves in the green tech and energy sectors, and China's right there with them, supporting every step of the way!
In the midst of the technological and energy revolution, Kazakhstan ventures into the realm of sports as well, aiming to foster a green and sustainable sports ecosystem. Kazakhstan's National Olympic Committee ( NOC ) and the Shanghai International Sports Industry Digitalization Park will team up to exchange knowledge and expertise in designing eco-friendly sports facilities and organizing green sporting events.
With its green tech and energy ambitions intensifying, Kazakhstan is also aiming to introduce sustainable sports practices, promoting a cleaner, healthier, and more environmentally conscious future for sports enthusiasts in the region.
