Sep 02, 2025
During
the eighth meeting of the Kazakh-Chinese Business Council, attended by Ding
Xuexiang, First Deputy Prime-Minister of the State Council of China and member
of the Standing Committee of the Political Bureau of the Central Committee of
the Communist Party of China, Kassym-Jomart Tokayev paid special attention to
the project to build the new city of Alatau City.
The
head of state emphasized that he fully supports the signing of the agreement
between Kazakhstan and China State Construction Engineering Corporation, called
for construction to begin without delay, and announced that Alatau City will
soon receive special status as an independent ecosystem.
A
trilateral framework agreement was signed in Beijing between the National
Investment Corporation JSC of the National Bank of Kazakhstan, Caspian Group
JSC, and CSCEC International Construction Corporation Ltd, a subsidiary of
China's largest construction corporation.
CSCEC
is China's largest construction corporation and one of the largest in the
world. Founded in 1957, it is headquartered in Beijing. CSCEC specializes in
the construction of residential, office, hotel, sports, educational, medical,
and industrial buildings, exhibition and conference centers, infrastructure
facilities (including airports, roads, bridges, dams, and ventilation systems),
investment, and real estate management. International contracts account for a
significant share of its turnover.