ASTANA, Kazakhstan, April 4. British Concrete Canvas Ltd. plans to build a plant for the production of concrete canvas in Kazakhstan, Trend reports.
This topic was discussed during the meeting of the Chairman of the Board of KAZAKH INVEST JSC Yerzhan Yelekeyev with the management of the company.
According to the company's representatives, the planned project will solve current problems in the construction and reconstruction of irrigation systems in Kazakhstan through innovative Concrete Canvas technology. In particular, implementing the project will significantly improve the operational reliability of irrigation systems, eliminate water loss in the country's agro-industrial complex, and reduce budget expenditures on renovation programs for canals, protective dams, and other civil infrastructure facilities.
It turns out that Yelekeyev told the representatives of Concrete Canvas about the investment policy of Kazakhstan and the comprehensive support of KAZAKH INVEST investment projects. He also informed the representatives about the subsidy mechanisms and the advantages of concluding an investment agreement.
To date, the company has opened a representative office in Kazakhstan. United Concrete Canvas LLP is studying the country's market needs and negotiating with relevant ministries and local executive bodies in several regions. Initially, the company planned to localize production in the Russian Federation, but due to the geopolitical situation, the ultimate choice was made in favor of Kazakhstan.
The company produces geosynthetic cement composite mats that eliminate water loss during filtration while maintaining the durable properties of the material.