In Fujian province, discussions are underway regarding the localization of production and the launch of new Chinese enterprises with investments of up to $1.2 billion.

This became clear following the visit of Kazakhstan's Minister of Trade and Integration, Arman Shakkaliyev, to Fujian province. A key agreement was to work on a major investment project with the Chinese company Fujian Hengwang Investment. This involves the construction of a metallurgical plant in Kazakhstan with a capacity of up to 3 million tons of steel per year. The investment volume is estimated at $1.2 billion. The project envisages the creation of about 2.5 thousand jobs and is focused on the domestic market and export.

Simultaneously, projects for the localization of production in Kazakhstan in a number of industries are being discussed. With the textile company Jinyuan, the launch of yarn production and the development of deep processing are being worked out. With Weihua Heavy Machinery, the creation of lifting equipment production and engineering centers is being discussed. With Shenda Electric, the organization of transformer and electrical product manufacturing is being considered. With Jinlun Hi-tech Fiber, projects in the field of synthetic fibers and chemical processing are being discussed.

In essence, this is about forming value-added chains within Kazakhstan, involving technology transfer, production localization, and access to external markets.

"Fujian is one of China's key industrial and export regions. We work with provinces, not with China as a whole. Through its ports, Kazakh products can enter southern China and ASEAN countries," noted Arman Shakkaliyev.

According to QazTrade data, in 2025, the trade turnover between Kazakhstan and Fujian province amounted to about $522 million.

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1192626?lang=kk