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CMEC executive attends bank opening ceremony

(sinomach.com.cn)

2018-10-24

Fang Yanshui, vice-president of China Machinery Engineering Corporation (CMEC), attended the opening ceremony of the Astana Representative Office of China Development Bank (CDB) and met with Zhang Xiao, Chinese Ambassador to Kazakhstan, in Astana, the country's capital, on Oct 15.

Fang outlined CMEC's operations in Kazakhstan, including the completed Karaganda Thermal Power Station, the ongoing development of a coal mine and an agricultural project during the meeting.

Zhang said that Kazakhstan was the first country to announce its participation in the Belt and Road Initiative. This has led to increased high-level visits, and more investment for agriculture and infrastructure projects, he said.

After the meeting, Fang met with the owner and shareholders of the coal mine that the company is developing. Both sides discussed the current progress of the project and agreed what the next stages should be.

Fang Yanshui (front row, second from right), vice-president of CMEC, attends the opening ceremony of the Astana Representative Office of CDB in Kazakhstan, on Oct 15. [Photo/cmec.com]

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