Kazakhstan QIC Company visits IBITDD.
On December 9, the Deputy Chairman of the Management Committee of Kazakhstan National Investment Corporation (QIC), Yernur Baigerdiyev, and his delegation visited IBITDD. They held discussions and exchanges with IBI Senior Vice President and TDD CEO Liu Zhai, focusing on deep cooperation between China and Kazakhstan in fields such as the digital economy, industrial zone cross-border operations, and green energy, exploring new opportunities for high-quality development under the "Belt and Road" initiative.
The visiting delegation toured the digital economy exhibition hall and highly praised IBI's current operational model of its Duoduo platform, cross-border operational strategy for industrial belts, and the technology application and practice strategy of the Guolian Cloud.
Established in 2007, QIC is a key private equity investment institution under Kazakhstan's Baiterek National Holding Company. Its core mission is to drive sustainable growth and diversification of Kazakhstan's non-resource sector economy by developing the country's private equity ecosystem. The company focuses primarily on priority development areas such as healthcare, agriculture, green energy, and high technology, providing capital support for everything from startups to large key enterprises through its 18 private equity funds. To date, it has funded over 120 projects with substantial total capital.
During the exchange, Yernur Baigerdiyev stated, "As a key player in Kazakhstan's private equity market and a driver of national economic development, QIC's current core task is to attract international capital and best practices to jointly invest in strategically significant industrial projects for the country's future. Our advantage lies in our deep understanding of the local market, a systematic fund network, and close alignment with government strategies. Kazakhstan is committed to digital transformation and green economic development, and is actively creating a superior investment and business environment for partners like China. IBITDD has established a branch in Kazakhstan and started operations, and we hope to leverage QIC's capital and industrial network to collaborate pragmatically with TDD on specific projects, jointly selecting and investing in potential local enterprises in Kazakhstan."
Liu Zhai expressed, "As an industrial internet listed company, IBI has structured its business layout with industrial e-commerce as the first growth curve, industrial digitalization as the second, and industrial zone cross-border e-commerce as the third. The company is currently vigorously developing the third growth curve of industrial zone cross-border operations. We place great importance on the Central Asia and Kazakhstan markets and have established TDD Kazakhstan Company locally to actively promote cross-border circulation of products like chemicals and automotive equipment, striving to build a bridge for cooperation between Chinese and Kazakhstani enterprises. We hope to rely on existing infrastructure like the 'two countries, dual warehouses' to further deepen localized operations in Kazakhstan, combining China's mature industrial internet experience with Kazakhstan’s industrial development needs. We also look forward to establishing a partnership with QIC to jointly explore innovative models of 'industry + capital', creating benchmark projects in fields like new energy and digital supply chains, injecting new momentum into the high-quality joint construction of the 'Belt and Road'."
The CEO of QIC's wholly-owned subsidiary BglobalVentures Ltd., Nurzhan Bays, Private Equity Investment Director Saken Mukhamedzhanov, and Investment Committee Secretary Meruyet Nurpeisova; Foshan Urban Construction Engineering Co., Ltd. International Department General Manager Yu Deli, Deputy General Manager Chen Hexin, Deputy General Manager Wang Weibing, General Manager Assistant Wu Huqiao, and Office Deputy Director Wang Lun; TDD Senior Vice President and Zhiyun General Manager An Shen, CNAUTO Executive President Xu Jian, Duoduo Medical Vice President Chen Haoyuan, Guolian Strategic Investment Director and Honghu Zhiyao Investment Risk Control Director Shao Mengxi participated in this exchange discussion.