Past Events

It was a pleasure to welcome Orumbayeva Asel, Advisor to the Group’s President, Fincraft Group Ltd, along with her colleagues, to the Chamber on March 24. They were greeted by HKGCC CEO Patrick Yeung, Belt and Road Convenor Edmond Yue, Asia, Africa & Middle East Committee Chairman Dewan Saiful Alam, and Vice Chairman Zaman Minhas Qamar, who exchange views on the business landscape in Kazakhstan, and investment opportunities in Hong Kong.

As one of the largest mining and metallurgy firms in Kazakhstan, Fincraft Group is diversifying its business beyond oil and gas production, with exports mainly to China. The group is shifting towards more sustainable practices, including the development of a full-cycle facility for gas processing, depositing of rare earth materials for electric vehicles and renewable energy, as well as providing venture opportunities for foreign investors.

Kanatuly Azamat, Head of the Investment Office, Fincraft Group Ltd, highlighted that as a full member of the Eurasian Economic Union, Kazakhstan is currently experiencing accelerated economic growth, with access to Western Europe and Asia under the Belt and Road Initiative. Patrick Yeung agreed on the potential of businesses in Kazakhstan and encouraged Fincraft Group to leverage the recently agreed trilateral cooperation between Kazakhstan, Xinjiang Uyghur Autonomous Region (XUAR), and Hong Kong to expand its business into ASEAN through Hong Kong.