BAKU, Azerbaijan, May 5
By Nargiz Sadikhova - Trend:
Construction of a new ferroalloy plant and a coal preparation plant is underway in Karaganda region, Trend reports with reference to the press office of Kazakhstan’s prime minister.
Kazkah Prime Minister Askar Mamin got acquainted with a number of construction sites during his working visit to the region.
During the visit, Mamin also was familiarized with the operations of the plant for the refractory materials' production belonging to the Seven Refractories Asia LLP. The volume of investments in the project amounted to 1.7 billion tenge ($3.9 million).
The report said that plant’s staff was trained in Europe. Production capacity will be 38,000 tons per year, and the main volume will be exported to Russia and Kyrgyzstan, as well as supplied to the ArcelorMittal Temirtau ventures.
Mamin also visited the association of foundries of Qaz Carbon LLP, which annually produces over 900 types of steel and cast iron products in the total amount of 120,000 tons. The plant currently employs over 1,200 people.
Additionally, Mamin got acquainted with the progress of the construction of a new ferroalloy plant and a coal preparation plant. The total investment in the project will amount to 36.2 billion tenge ($85.09 million). The new production facilities will annually produce 57,000 tons of ferroalloys, 240,000 tons of sinter and 1.7 million tons of low-ash, enriched coal. The report highlighted that both projects comply with modern environmental requirements.
During his working trip, Mamin also visited the Global City wholesale distribution center, which is to be commissioned in the summer this year. The center is placed in 60 hectares and by 2023, it will be expanded to 100 hectares. The center is to become the largest facility in the country’s commodity distribution system of Kazakhstan, providing flows of agricultural products along the North-South route.
During his visit to Karaganda region’s Saran city, Mamin got acquainted with a plant construction for production of Yutong brand buses and specialized equipment.
The volume of investments in the project nears 23 billion tenge ($54.06 million). The annual design capacity of the plant will be 1,200 buses and 500 units of special equipment, which will be supplied to both Kazakh local market and to the Eurasian Economic Union (EAEU) countries.
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