The Baiterek Group of Companies discussed investment cooperation with the business delegation of Hong Kong and China
As part of the official visit of Chief Executive of the Hong Kong Special Administrative Region of the People's Republic of China, John Lee, to Kazakhstan, the group of companies of JSC National Managing Holding Baiterek held a meeting with a business delegation from Hong Kong and Mainland China. The discussions focused on investment cooperation, the development of joint projects, and the expansion of collaboration in financing priority sectors of the economy.
The delegation, organized by the Hong Kong Trade Development Council (HKTDC), brought together more than 70 executives from leading Hong Kong companies and representatives of enterprises from 17 provinces and municipalities across Mainland China. Participants represented a wide range of industries, including finance, logistics, innovative technologies, renewable energy, mining, biopharmaceuticals, and media.
Opening the meeting, Rustam Karagoyshin presented the Holding and outlined its enhanced role in Kazakhstan’s economic development. As of the end of 2025, Baiterek Holding’s total assets amounted to approximately USD 40 billion. During the year, the Holding injected more than USD 21 billion into the national economy, financed over 100 major projects, and provided support to thousands of small and medium-sized enterprises as well as agricultural producers.
The key topics of discussion included prospects for joint investment in priority sectors of the economy and the expansion of cooperation in capital markets. Particular attention was given to strengthening export potential. Allen Chaizhunusov, Chairman of the Management Board of Export Credit Agency of Kazakhstan JSC (ECA), outlined key priorities for expanding the presence of Kazakh goods and services in the Asia-Pacific markets. He presented the insurance and financial support instruments that ECA is prepared to offer to joint ventures. The Kazakh side proposed establishing closer cooperation with Hong Kong financial institutions and trading houses in the areas of pre-export and export trade finance, as well as export credit insurance. These mechanisms would help mitigate risks for investors and create new channels for supplying high value-added, non-resource-based Kazakh products to the large markets of China and Southeast Asia.
A number of leading companies from Hong Kong and Mainland China expressed strong interest in developing practical cooperation with Baiterek Holding. These included Airport Authority Hong Kong, China Mengniu Dairy Company Limited, Standard Chartered Bank (Hong Kong) Limited, and Shandong Energy Group Co., Ltd. The parties agreed to continue exploring promising projects in logistics and infrastructure, agriculture, finance, and energy.
The visit of Chief Executive John Lee to Kazakhstan is taking place from 31 May to 3 June 2026. This marks the first-ever visit by a Chief Executive of the Hong Kong Special Administrative Region to Kazakhstan.
The event is being held against the backdrop of growing business activity between Kazakhstan and Hong Kong. In 2025, Kazakhstan became Hong Kong’s largest trading partner and leading export destination in Central Asia, while Hong Kong continues to strengthen its position as one of the key investors in Kazakhstan’s economy. Between February 2025 and February 2026, the number of Hong Kong companies and branches registered in Kazakhstan increased by 61%, from 158 to 254.
Hong Kong provides Kazakh companies with access to international capital markets, financial and professional services, and global trade networks. For Kazakh businesses, Hong Kong can serve as an effective gateway to the Guangdong-Hong Kong-Macao Greater Bay Area, Southeast Asian markets, and other international destinations.
Bilateral trade turnover between Kazakhstan and Hong Kong reached USD 178.8 million in 2025, representing a 38.1% increase compared to the previous year. Total investments from Hong Kong into Kazakhstan’s economy have exceeded USD 3.9 billion since 2005.
The parties expressed their commitment to further strengthening cooperation and implementing joint initiatives aimed at enhancing investment, trade, and economic ties between Kazakhstan, Hong Kong, and Mainland China.
