China's Jiaxin International Invests $350 Million in Tungsten Mine Development in Kazakhstan, Creating 1,000 Jobs
Release time:
2024-06-26
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Source: Kazinform
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(Kazinform International News Agency) According to the Prime Minister's official website, Roman Sklyar, First Deputy Prime Minister of Kazakhstan, met with senior representatives of China's Jiaxin International Resources Investment Limited.
The meeting was held as part of the monitoring of the implementation of joint investment projects in industrial cooperation between Kazakhstan and China. Jiaxin International Resources Investment Limited is currently carrying out an industrial development project for tungsten ore resources in Almaty Oblast, Kazakhstan, with a total investment of $350 million, which is expected to create 1,000 jobs. The project is scheduled to commence operation by the end of this year. During the talks, Liu Liqiang, Chairman of Jiaxin International Resources Investment Limited, expressed his gratitude to the relevant Kazakh government departments for their active support in the project's implementation. Both sides agreed that, through joint efforts, bilateral investment cooperation would be further strengthened.
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