Basic directions of economic development identified in Kazakhstan's Pavlodar region (Exclusive)
Baku, Azerbaijan, Oct. 18
By Rashid Shirinov – Trend:
Further development of the economy of Kazakhstan’s Pavlodar region will be conducted in four main directions, the region's administration told Trend.
"The first is the development of the aluminum industry cluster. In 2017, a project for the production of doped alloys was launched. By 2023, it is planned to establish 10-15 enterprises for the production of casting alloys, aluminum profiles, sheet, aluminum foil and deformable products," the message said.
The total investment in the projects of the aluminum industry cluster is estimated at about $300 million, and the consumption of primary aluminum is more than 200,000 tons.
"The second direction is the development of metallurgy. Currently, the implementation of major projects worth about $2.7 billion, is being worked out. In particular, it is the construction of a plant for technical silicon production, a chemical and metallurgical complex in the Pavlodar SEZ, a plant for the production of metallurgical silicon in the city of Ekibastuz", Pavlodar's administration noted.
The development of the chemical industry is indicated as the third direction for the economic growth of Pavlodar region. It is planned to expand the production of caustic soda at Kaustik JSC from 30,000 to 60,000 tons. In the region there is also a need for chlorine-consuming industries.
"The fourth direction is the development of agriculture: it is planned to increase the area of irrigated lands by 200,000 hectares within five years," the region's administration said.
Also there are prospects in the region for the development of ICT, due to the availability of cheap electricity, fiber optic communication lines, and the possibility of obtaining state support measures.
Pavlodar is one of the largest industrial and economically developed regions of Kazakhstan. It accounts for 60 percent of coal production, 40 percent of electricity generation, 65.2 percent of ferroalloy production and 46.3 percent of gasoline production in the country.