Cabinet debated development of aluminum cluster in Kazakhstan
(KAZINFORM) - Issues of development of domestic metallurgy have been debated at todays sitting of Kazakhstan Government under chairmanship of Prime Minister Daniyal Akhmetov.
In particular, the Cabinet discussed prospects of creation of aluminum cluster on the basis of Kazakhstan electrolysis works JSC in Pavlodar, Kazinform refers to press service of Premier of Kazakhstan, reports Trend.
Opening the work of the session, Premier of Kazakhstan noted that implementation of this idea would give a strong impulse to development of metallurgy of the country on the whole. The choice of the city is conditioned by availability of necessary potential for promotion of such cluster.
According to assessments of the experts, at present one may observe steady demand and positive trend at the world aluminum market. As reported earlier, Kazakhstan electrolysis works is the first enterprise in Kazakhstan producing aluminum. Its estimated capacity will make 250 000 tons of aluminum castings per year. The plant is expected to be put into operation by 2007.
In any way, the project should foresee tax remissions and preferences, thus we will attract investments and cluster will work at the full capacity, D. Akhmetov stressed.
Upon completion of the sitting the head of the Government charged to create working group, headed by Industry and Trade Minister Vladimir Shkolnik, dealing with ideology of cluster development in Pavlodar. It is supposed to work out concept, technical and economic assessment and elaborate regulatory framework for development of the cluster within a month.