Nearly $60M worth of investment projects to be launched in Kazakhstan

Baku, Azerbaijan, September 3

By Nargiz Sadikhova - Trend:

Nine projects worth 22.8 billion tenge (approximately $58.773 million) of investments is being implemented on the territory of Aktobe industrial zone in Kazakhstan, Socio Entrepreneurship Corporation Aktobe told Trend.

According to the source in the corporation, six of these projects are currently nearing completion.

The first of these projects is the project for creation of data center of Aktobe Smart Tech LLP. The value of investments into the project is 10.8 billion tenge, the capacity is seven-ten petabyte. Some 15 new work places will be created.

The second project is a plant for the production of porcelain stoneware and ceramic tiles of Zerde-Ceramics Aktobe LLP. The value of investments is 9.2 billion tenge. Capacity is five million square meters per year. Some 205 new work places will be created.

The third project is restoration of truck tires according to German technology of GIGANT KZ LLP. The value of investments is 800 million tenge and the capacity is 13,000 tires a year. Some 25 new work places will be created.

The fourth project is gas filling station for the storage of liquefied gas and the manufacturing of air fresheners of GazExport LLP. The value of investments is 430 million tenge and its capacity is 54,000 tons a year and 300,000 tons a year respectively. Some 30 new work places will be created.

The fifth project is a workshop for the production of frame and upholstered furniture of MEBE-Aksu LLP. The value of investments is 480 million tenge and its capacity is 4,000 pieces of furniture a year. Some 60 new work places will be created.

The sixth project is the manufacturing and assembling of equipment for elevators of QazBel Lift LLP. The value of investments is 201 million tenge and the project’s capacity is 300 units a year. Some 20 new work places will be created.

The put into operation is planned for year 2019.

Furthermore, three more projects are currently at the stage of implementation.

The first one is paper products manufacturing of Lucrum Star LLP. The value of investments is 300 million tenge. Some 57 new work places will be created.

The second one is manufacturing of reagents of Epsilon Group LLP. The value of investments is 340 million tenge. Some 50 new work places will be created.

The third one is manufacturing of petrochemical reagents at Munaykhim LTD LLP. The value of investments is 300 million tenge. Some 15 new work places will be created.

(1 USD = 388.07 KZT on September 3)

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Follow the author on twitter: @nargiz_sadikh

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