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Kazakh President Kassym-Jomart Tokayev invited Chinese technology companies to expand investment in Kazakhstan during a business roundtable in Shanghai on 16 July, promoting the country as a regional hub for artificial intelligence and digital infrastructure.
Speaking ahead of the World Artificial Intelligence Conference (WAIC), Tokayev said Kazakhstan aims to build long-term partnerships that go beyond capital investment to include technology transfer, research and innovation.
Highlighting AI as a key pillar of future economic growth, Tokayev unveiled several flagship projects designed to attract global technology companies. Among them is the Data Centre Valley initiative in Ekibastuz, which is expected to become a regional hub for hyperscale data centres, cloud computing and AI infrastructure.
He also highlighted the development of Alatau, a new smart city being built under a Digital by Default concept. The project will feature intelligent transport systems, digital payments, energy-efficient infrastructure and a regulatory framework supporting blockchain and digital assets.
"I am confident that Alatau will become a new centre of talent, technology, and investment in Eurasia in the future," Tokayev said.
Tokayev said bilateral trade between Kazakhstan and China reached a record $49 billion last year, while cumulative Chinese investment in Kazakhstan has exceeded $30 billion.
He noted that more than 8,500 companies with Chinese participation operate in Kazakhstan and highlighted ongoing joint projects in petrochemicals, automotive manufacturing, textiles and food processing.
The president also called for deeper cooperation in transport and logistics, saying Kazakhstan aims to strengthen its role as a key land bridge linking China with Central Asia, the Caucasus, the Middle East and Europe.
He added that the country is developing the Smart Cargo digital platform to integrate customs, logistics and commercial services into a single transport ecosystem.
Agriculture also featured prominently in Tokayev's address, with the president highlighting the growing use of artificial intelligence, drones, satellite monitoring and precision farming technologies to boost agricultural productivity.
He said Kazakhstan is developing a national digital traceability system for agricultural products as part of its ambition to become Central Asia's leading agri-industrial hub.
During the working visit to Shanghai, Kazakhstan and China signed more than 70 commercial agreements worth over $15 billion, covering artificial intelligence, digitalisation, transport infrastructure, finance, the agro-industrial sector, mechanical engineering and other high-tech industries.
The U.S. has approved the sale of 500 Patriot PAC-3 missiles to Ukraine in a deal worth an estimated $2.1 billion, but Kyiv could face years of delays before receiving the weapons it urgently needs to defend against intensifying Russian attacks.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
Demonstrators carrying Iranian flags and placards supporting the hijab gathered outside the Azerbaijani Embassy in London.
A Chinese-made AI chip has matched Nvidia’s H200 in tests conducted by its developer, marking a potential breakthrough in China’s efforts to reduce its dependence on foreign technology.
A hacking group linked to North Korea is widely believed to be behind the theft of $6.3 billion from cryptocurrency giant Binance, a cyberattack that experts describe as the largest cryptocurrency heist on record.
Saudi Aramco's acquisition of a 49 per cent stake in artificial intelligence (AI) company HUMAIN is putting a spotlight on a wider investment question: why are some of the world's biggest energy companies moving deeper into AI, and what do they expect to gain?
A Chinese-made AI chip has matched Nvidia’s H200 in tests conducted by its developer, marking a potential breakthrough in China’s efforts to reduce its dependence on foreign technology.
Two of the United States' largest technology companies reported robust revenue growth in their latest quarterly results, underscoring the continued impact of artificial intelligence and cloud computing on the sector.
NVIDIA CEO Jensen Huang has praised Kazakhstan’s AI ambitions, highlighting its potential to become a global hub for Physical AI, launch startups and transform industries.
Türkiye is preparing to sue Meta, owner of Facebook and Instagram, over age-inappropriate content on social media, Turkish Education Minister Yusuf Tekin has said.
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