A business delegation led by Hong Kong Chief Executive John Lee visited Kazakhstan and Uzbekistan from 1 to 5 June, strengthening economic ties. Following this, the Alatau City Authority held an investment round table in Hong Kong on 11 June, part of an official Kazakh delegation visit to Hong Kong and the Chinese Mainland. The event underscores growing bilateral ties and aims to capitalize on the visit's outcomes.
The round table was attended by Chief Executive John Lee and Kazakh Deputy Prime Minister Kanat Bozumbayev, along with representatives from government, enterprises, financial institutions, and investors from Kazakhstan, the Chinese Mainland, and Hong Kong. Participants explored opportunities in Alatau City, a greenfield project near Almaty, focusing on fintech, low-altitude economy, smart city development, and infrastructure.
John Lee highlighted Hong Kong's commitment to openness under the 'one country, two systems' principle, calling it a unique city combining China and global advantages. Silas Chu, HKTDC Director of Exhibitions and Digital Business, emphasized the HKTDC's role in promoting Hong Kong as an international business platform, noting its Almaty consultant office opened in 2018. The HKTDC co-organizes events like the Belt and Road Summit and InnoEX to attract investors and technology partners.
Templewater Limited, a business delegate from the Central Asia mission, signed an MoU with DASCO Capital to explore a fund supporting Alatau City's development. The visit yielded 96 MoUs and agreements, including 66 by the business delegation covering trade, investment, finance, technology, and aviation, plus 15 government-level agreements and 15 non-delegation MoUs. These outcomes lay a foundation for deeper economic ties and highlight Hong Kong's role as a platform for mainland enterprises going global.
The HKTDC will follow up on key projects from the visit, providing business matching and support services to facilitate implementation. Through conferences, business missions, and outreach, it aims to promote collaboration between Hong Kong and mainland enterprises with Belt and Road markets, enabling them to seize new opportunities.
