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Project cost – 1.3 trillion tenge/

In the Zhetysu region, implementation of a large project has begun for the construction of a metallurgical plant with a capacity of 860 thousand tons of copper concentrate per year. Akim of the region Beibit Isabaev announced this at a briefing at the SCS site, reports the correspondent of the business information center Kapital.kz with reference to the press service of the akimat.  

The cost of the project is 1.3 trillion tenge, the company plans to create more than 2,000 jobs.

Currently, the construction of warehouses and other technical premises for storing equipment and goods has been completed. Construction of the plant will begin in 2025 and will be completed in 2027.                                            

The project is being implemented by Consolidated Construction Mining Company LLP.                                             

In general, as Beibit Isabaev reported, the region’s investment portfolio until 2030 contains 184 projects worth 2.2 trillion tenge with the creation of more than 9 thousand jobs.                                           

Earlier, Prime Minister Alikhan Smailov spoke about the work to attract foreign direct investment to Kazakhstan and implement new investment projects. “Last year, our volume of foreign direct investment amounted to a record level over the past 10 years of $28 billion. First of all, these investments went to the mining and metallurgical complex, manufacturing industry, trade, transport and financial sector,” said Alikhan Smailov.

Source and Credit: agmpnews.kz

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