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Turkish business seeks to implement project for copper wire production in Kazakhstan

Kazakhstan Materials 6 June 2024 10:12 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, June 6. The Turkish Proton Otomasyon company plans to implement a project for the production of copper wire in Kazakhstan, Trend reports.

This became known following a meeting between the Minister of Industry and Construction of Kazakhstan Kanat Sharlapaev and the co-founder of the Turkish company Akcova Ugur.

As Akcova Ugur pointed out, the joint project will improve relations between Kazakhstan and Türkiye.

In turn, Kanat Sharlapaev noted the high level of relations between Kazakhstan and Türkiye, noting that Türkiye is an important partner in the international arena.

Following the negotiations, the parties expressed gratitude for the constructive dialogue and emphasized the importance of developing bilateral relations.

To note, Proton Otomasyon was founded in 2006 in Denizli Province, Türkiye, providing industrial automation solutions. It specializes in project development in the steel and cable industries and has successfully completed numerous projects in over 20 countries. Since 2008, the company's partner has been Siemens, which has 16 years of experience in these industries.

Meanwhile, the volume of industrial production in Kazakhstan amounted to 46.4 trillion tenge (about $102.5 billion) from January through December 2023. Compared to 2022, production increased by 4.3 percent.

Thus, production volume in the mining and quarrying industry amounted to 21.7 trillion tenge (about $47.9 billion), which is 4.6 percent more than in 2022. In addition, production in this area accounted for 46.9 percent of total industrial production.

At the same time, production in the manufacturing industry increased by 4.1 percent compared to 2022 and amounted to 21.6 trillion tenge (about $47.7 billion). The manufacturing industry, in turn, covered 46.6 percent of total industrial production.

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