Kazakhstan Chamber of Commerce in the USA

KazCham



Chart: High-Tech Exports Gaining Ground in Kazakhstan 0

Posted on January 24, 2017 by KazCham

The World Bank

The percentage of high-tech exports (as a share of manufactured exports) from Kazakhstan have grown from just 4.46% in 1995 to 37.17% in 2014.

Over the past two decades, high-tech exports from Kazakhstan have been increasing steadily. The World Bank Group has been working since 2008 with the Kazakh Government and scientist groups to further expand the country’s high-tech exports in a number of sectors. Through the Technology Commercialization Project, 65 new startups received grant funding and business training to get their innovations out of the lab and into markets. The startups operate in a wide variety of industries including agriculture, health, medicine, gas, oil and robotics. Already 40 of these businesses have reached first sales.

Find out more about the project and how it energized innovation in Kazakhstan.

Kazakhstan opens first trade centre in Shanghai’s free trade zone 0

Posted on November 20, 2016 by KazCham

Centil Law Firm BI@centil.law

Kazakhstan’s first trade centre has opened in Shanghai’s free trade zone. The shopping centre will offer products manufactured in Kazakhstan only. This is a great opportunity for Kazakh entrepreneurs to enter the 30-million Shanghai market that is located next to the three provinces with a total population of 200 million people. For Chinese buyers, the centre provides better access to eco-friendly consumer products.

Kazakh producers are planning to sell fish, beef and mutton. China imports 7 million tonnes of meat every year, and Kazakhstan can meet some of this demand. The Chinese government will soon give permission for importing fish products from Kazakhstan and Kazakh producers will be assisted in selling their goods. Businesses will be assisted with paperwork and translations and will receive consultations.

Kazakhstan and China to build production facilities worth $26 billion 0

Posted on September 20, 2016 by KazCham

Centil Law Firm BI@centil.law

On 5 September, the Kazakh President Nursultan Nazarbayev attended a briefing on the results of his visit to China, where he took part in the G20 summit in Hangzhou. There, he stated that the two countries have made agreements regarding both the exportation of Kazakh food to China and the construction of joint production facilities.

For the first time ever, Astana and Beijing have agreed that Kazakh flour, grain, beans, oil-bearing crops, meat and poultry will be exported to China.

“The list includes 51 facilities, two of which have already been constructed. The construction of four facilities worth a total of $2.5 billion will be completed this year. During five years it is planned to build enterprises for a total of $26 billion,” said Nazarbayev.

China and Kazakhstan sign $2 billion in deals 0

Posted on May 22, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

China and Kazakhstan have signed five energy, agricultural, and industrial deals worth more than $2 billion during the Xinjiang party boss’s trip to Kazakhstan.

Xinjiang, which is strategically located on the borders of Afghanistan, Kazakhstan, Kyrgyzstan, Pakistan, and Tajikistan, is a key part of China’s “one belt, one road” strategy to develop trade and transport links across Asia and beyond.

China to invest $1.9 billion in Kazakh food industry 0

Posted on May 20, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

Chinese companies are in talks to invest $1.9 billion in upgrading the Kazakh food processing industry.

Kazakhstan’s deputy agriculture minister, Gulmira Isayeva, told the Financial Times in an interview, “We have great interest from Chinese companies to invest in our Kazakh agricultural production system… We can export to China all products which we can grow in Kazakhstan.”

The projects are part of China’s “Belt and Road Initiative” launched in 2013 to promote trade with central and southern Asian countries.

Increase in China-Europe container shipping via Kazakhstan 0

Posted on May 19, 2016 by KazCham

Colibri Law Firm BI@colibrilaw.com

Kazakhstan Railways has announced that the volume of transit container shipping on the China-Europe-China route running through Kazakhstan increased by 205% in January-April, 2016, compared to the same period in 2015.

Cargo shipping between Europe-China through Kazakhstan significantly reduces transportation times compared to the equivalent journey by sea or through Russia.

DHL and Kazakhstan sign MOU to enhance China-Kazakhstan rail freight link 0

Posted on July 08, 2015 by KazCham

ChinaMoneyNetwork

DHL Global Forwarding, a leading provider of air, sea and road freight services in Europe and Asia, signed a Memorandum of Understanding (MOU) with Kazakhstan Temir Zholy Express (KTZE), a holding company based in Kazakhstan which functions as the national multimodal operator.

The pioneering MOU will enhance greater rail connectivity and trade between China, Kazakhstan, the Commonwealth of Independent States (CIS) and Europe, providing DHL Global Forwarding with additional commercial block train services. This will allow DHL Global Forwarding to enhance the scheduled rail services for customers, increasing the overland rail routes as a complimentary alternative to traditional sea and airfreight.

Under the MOU, KTZ will be responsible for operating rail activities from point to point as well as across the China/Kazakhstan borders. DHL will also focus on developing its forwarding capabilities along crucial trading routes linking China, Kazakhstan and CIS countries while KTZE will add several logistics service locations to its existing network as well as increasing their overall capabilities. The partnership will see the development of additional rail offering along the South Silk Road trade route to Europe via Kazakhstan.

Steve Huang, CEO, DHL Global Forwarding China said: “We have witnessed tremendous growth in rail freight between Asia and Europe over the last few years; and we see a lot of growth potential in many intermediate trade hubs such as Kazakhstan. Kazakhstan’s own economic development stands to benefit significantly from strong infrastructural links to China and the EU – its two largest trading partners. Transportation alone makes up more than 10 percent of the country’s services exports.”

With the setting up of the Khorgos Special Economic Zone, this partnership will offer new logistics solutions within the zone, which will contribute to the importance of the trans-Kazakh route as one of the major trade nodes connecting China, Kazakhstan and the CIS region for onward distribution to Europe.

According to the European Commission, the volume of China-EU trade amounts to more than 1 billion euros every day, making the trade route the second-largest cooperative economic relationship in the world. The KTZ group expects annual trade between China and Europe to grow by 1.5 times to reach $1.2 trillion, with Astana aiming to have 8% of that transported through Kazakhstan as well.

“By partnering with KTZ Express, we hope to provide China-Europe trade expanded services in the pivotal Central Asia region, through investment in both new and traditional trade route infrastructure, like rail enhancements along the South Silk Road – in line with China’s ‘One Belt, One Road’ initiative,” added Steve Huang.

Sanzhar Yelyubayev, President, KTZ Express, said: “KTZ Express is looking to establish the most advanced central Asia logistics hub in Kazakhstan by enhancing various facilities across the country and improving our freight forwarding capabilities. The partnership with DHL will not only accelerate our pace towards achieving this goal but will also help us serve multinational corporations with regional needs in these high-potential markets. KTZ Express will work hand in hand with DHL to further develop end-to-end logistics solutions via rail and multimodal solutions in this part of the world. We will continue to work on reviving the Silk Road and increasing our capacity to move goods within the region as its economic growth and development gain critical momentum.”

DHL Global Forwarding has extensive networks in rail services running rail connections between China and Europe from Zhengzhou to Hamburg and from Chengdu to Lodz along the trans-Kazakh West Corridor as well as from Suzhou to Warsaw via the trans-Siberian North Corridor.

As part of the MOU, DHL Global Forwarding will provide logistics expertise, which includes value-added offerings such as temperature-controlled containers to support businesses in industries like technology and electronics. DHL Global Forwarding introduced the first temperature controlled China-Europe rail service last year. DHL containers, powered by diesel-electric engines, have temperature control capabilities, which can be tracked and remotely modified. This allows for an all-year round multimodal shipping solution for temperature sensitive products.

Shifting the accents in Kazakh economy 0

Posted on January 24, 2015 by KazCham

Business Intelligence from Colibri Law Firm: Issue #100

Within the framework of the State program of accelerated industrial-innovative development of the Republic of Kazakhstan for 2015-2019 there have been concluded the investment agreements with China. The purpose is to get away from the raw model development and focus on engineering, especially transport, development of petrochemical and refining in order to export the finished fuel rather than crude oil. This includes, inter alia:

  1. The second stage of the aluminum plant in Pavlodar, which will double the capacity of the plant to five hundred thousand Tons;
  2. The quality steel plant in Rudny or Kostanay;
  3. New refineries and petrochemical industries pair;
  4. The copper smelting plant with complete production cycle of cable products;
  5. The enterprises for the production of construction materials;
  6. Agricultural production.

Furthermore, the parties have reached an agreement on the implementation of mutual settlements in tenge and yuan in order to de-dollarization of the economy.

Elevator manufacturing plant unveiled in Astana 0

Posted on August 20, 2014 by KazCham

Business Intelligence from Colibri Law Firm: Issue #92

Kazakh-Chinese joint elevator plant has been unveiled in Astana. The plant will be producing igh-speed Auxe elevators that comply with international standards in terms of safety, energy efficiency and environmental friendliness. Its design capacity is 1,000 elevators per year.

Apart from the standard elevators for residential and office buildings that can carry 4 to 16 people at a time, the plant will manufacture cargo and automobile lifts (capacity of 5,000 kilograms), hospital elevators (1600 kilograms), make-to-order panoramic elevators, escalators and moving walkways.

Express Elevator KZ will also be providing installation and maintenance services together with its elevators and escalators. Its location close to Astana will enable it to beat the market’s average of 4-6 months and deliver elevators in 1-2 months after an order is made. The company has its own warehouse, so it can provide spare parts within 1-3 days time.

The project is worth $60 million. It is expected to create 450-600 jobs. The localization level at the initial stages of the knock down will make 50%, and later will be advanced to 70-80%.

Kazakhstan already has a running elevator manufacturing plant with Belarus. The project is jointly run by Kazakhstan’s Pavlodar-based Irtish-Lift and Belarusian MogilevLiftMash. They have manufactured 252 elevators for Kazakhstan so far.

President Nazarbayev Meets Chinese President Xi Jinping 0

Posted on May 20, 2014 by KazCham

Tengrinews

On May 19, 2014 Kazakhstan’s President Nursultan Nazarbayev met Chinese President Xi Jinping in Shanghai. They discussed prospects for cooperation in the trade and economic, financial and investments, transit and transport, and agriculture spheres. President Nazarbayev reminded that the plan is to bring the bilateral trade turnover figure to $40 billion a year by 2016.

“Back in September 2013 while in Astana, you voiced the initiative to put in place the Silk Road economic belt. Kazakhstan is ready to contribute to the large-scaled project (…) expected to play a major role in developing the entire region”, President Nazarbayev said.

The two sides have signed a total of 5 documents. Notably, the two foreign ministries have signed a joint declaration. Samruk-Kazyna Sovereign Wealth Fund and China International Trust and Investment Corporation (CITIC) have signed a MoU to develop relations in the oil and gas sector and the mining industry.

Besides, the Development Bank of Kazakhstan and China’s Exim Bank have signed a memorandum to provide $1 billion to modernize Shymkent-based oil refinery. The investments are expected to help enable the refinery to start producing environment-friendly fuel and reach the projected capacity of 6 million tons of fuel a year.

Development Bank of Kazakhstan and China Development Bank (CDB) have signed a master agreement on a credit line of $500 million. The funds are to be used to finance joint projects outside the extraction sector. KazMunaiGas National O&G Company and China’s CNPC have signed a framework agreement to construct a plant in Almaty oblast to produce O&G pipes. The project to be implemented in 2014-2016 is expected to bring $150 million in investments



↑ Top