FIRST INVESTMENT FACILITY LAUNCHED IN KAZAKHSTAN PART OF INTERNATIONAL CENTER OF CROSS-BORDER COOPERATION “KHORGOS”

July 1 this year in the Kazakhstan’s part of the International Centre for Cross-Border Cooperation (ICBC) "Khorgos" opened its first investment object "Central Square "Samruk".
The ceremony was attended by representatives of "NC" Kazakhstan Temir Zholy" JSC, Akymat of Almaty region, People's Government of the city of Khorgos.
Creation and development of the International Centre for Cross-Border Cooperation "Khorgos" was initiated by the leaders of Kazakhstan and China in order to strengthen cross-border trade and economic, scientific-technical and cultural cooperation between the two states.
At the opening of the first object of the investment was made by vice-president of "NC" KTZ" JSC Kanat Alpysbayev.
 

"FEZ" Khorgos - Eastern Gate "is an important part of the program" Nurly Zhol "and the Chinese strategy of" One Belt - One Way "- K.Alpysbaev said.
According to him, "the opening of the investment project:" Central Square "Samruk" in the Kazakh part of ICBC "Khorgos" has become a significant event in the development of trade and economic relations between Kazakhstan and China. The growth of the trade flows between Europe and Asia - Panfilov district can become a kind of the Suez Canal on the Eurasian continent". The party secretary of the city of Khorgos (China) Wang Gang said, "the growing awareness of ICBC" Khorgos "in China, as evidenced by the high attendance of customers from China. The center has built more facilities that will improve the its functions".
The first investment project was carried out with participation of Jiangsu province, in cooperation with which is implemented the development program "FEZ" Khorgos - Eastern Gate". The property consists of two commercial units with a total area of 8000 square meters. In shopping boutiques will be a wide range of confectionery, bakery products, tobacco, wine and vodka from both Kazakhstan’s and foreign manufacturers.
On the territory of the Kazakhstan’s part of ICBC "Horgos" is planned to build another 56 investment projects, including: the central square, the city artisans, Congress Hall, 4 shopping galleries, open-air market, health center, shopping center, 3 trading house.
 

For reference:
ICBC "Khorgos" is a joint Kazakh-Chinese project. It is located on the adjacent territory of Kazakhstan and China. The center consists of two parts, total area of ​​560 hectares, of which Kazakhstan part - 217 hectares, the Chinese part - 343 hectares.
The basic principle underlying the zone when creating cross-border cooperation is free movement within its borders for citizens of Kazakhstan, China and third countries with the ability to stay without a visa for up to 30 days.

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