FIID program will be supported by China – N. Nazarbayev

ASTANA. KAZINFORM - President Nursultan Nazarbayev has held a briefing on the state visit to China, the press service of Akorda informs.
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Kazakh President stressed the importance of the visit, during which the parties have reached the agreements in various fields. "China at the expense of investment will help our country to implement the project on the production of glyphosate in the town of Taraz. It is planned to build a plant for the production of oil and gas pipes in the Almaty region. In addition, we have carefully considered the construction of a power plant in Kostanay region near Turgay coal deposits. In Aktobe and Mangystau regions we plan to launch the production of nitrogen fertilizers. China will participate in the reconstruction of the oil Shymkent refinery. Moreover, we will work to increase the supply of oil and gas from Kazakhstan", said Nursultan Nazarbayev. The President also highlighted the importance of opening the Kazakh terminal in the Pacific port of Lianyungang. Nursultan Nazarbayev noted that the total amount of Chinese investment in Kazakhstan will reach more than USD 10 billion.

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