Kazakhstan’s Southern region to complete 10 investment projects in 2017

Business Materials 18 December 2017 10:43 (UTC +04:00)

Baku, Azerbaijan, Dec. 18

By Ali Mustafayev – Trend:

Kazakhstan’s Zhabyl region is expected to implement 10 investment projects worth 13 billion tenge, with the creation of 716 new job places until the end of 2017.

Eight of the projects have already been implemented, including an upgraded Rolla-Yan LLP pasta factory with an automatic line for the production of noodles worth 285 million tenge, with capacity of 9,000 tons per year, Kazinform reported.

In February 2017, the reconstruction of Pervomaisky Delicacies LLP's sausage plant worth 223 million tenge, with annual capacity of 3,000 tons.

In March, the Zhambyl region launched Karatau PRO LLP’s plant, producing filling substances, worth 1.9 billion tenge. Currently, the production capacity of the plant is 110,000 tons of products per year.

The region also expects the completion of two more investment projects by the end of the year.

First is the Salt Company LLP plant for the production of salt and the second is the completion of the first stage of construction of Janabekova SS confectionery factory with capacity of 2,100 tons of products per year.

Since the beginning of 2017, the volume of industrial production in Zhambyl region amounted to 226.9 billion tenge. The volume of investments in fixed assets is 130.7 billion tenge.

(Exchange rate: $1 – 335 tenge)