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Kazakhstan to open plant in Kyrgyzstan, create 1,000 jobs

Business Materials 4 March 2011 19:24 (UTC +04:00)

Kazakhstan Avinu Company plans to build ferroalloy recycling plant in the town of Tash - Kumyr in Jalal - Abad region of Kyrgyzstan, said Acting Mayor Mamidaly Kuldyshev , Kazakhstan Today reported.

The construction of ferroalloy plant will begin in April , he said. A total of 22 hectares have been allocated for the plant area , equipment has already started to be delivered .

The p roject costs $75 million. The plant is expected to produce output worth $50-60 million

Around 1.3 million tons of coal was extracted in Tash-Kumyr in the soviet times. Currently the volume of coal production barely reaches 30,000 tons.

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