China's East Hope Group invests $12 billion in production of non-ferrous metals in Kazakhstan

First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar held a meeting with General Director of East Hope Group (EHG), Changjun Meng, El.kz reports with reference to the press service of the Government.

Chinese company is carrying out a project for the production and deep processing of non-ferrous metals in Kazakhstan.

EHG plans to build a large industrial park, introducing advanced technologies in non-ferrous metallurgy to enable deep processing and the production of finished goods.

The project’s investment volume is expected to exceed $12 billion and to create up to 10,000 new jobs at various stages of implementation.

As a result of the meeting, Roman Sklyar expressed confidence that the implementation of this project will give an additional impetus to strengthening strategic cooperation between Kazakhstan and China.