Italo-spanish company plans to implement a new investment project in Kazakhstan

Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan Murat Nurtleu held a meeting with Stefano Manfredi, General Director of the Spanish company TUBACEX IBF Kazakhstan, El.kz cites Kazakh FM.

During the talks, the establishment in Kazakhstan of the first seamless pipe plant in Central Asia, producing pipes from stainless steel and nickel alloys, was discussed. The project aligns with Kazakhstan’s strategic priorities to develop a high-tech industry and expand import substitution potential in the metallurgical sector.

Minister Nurtleu emphasized that the Government of Kazakhstan is ready to provide comprehensive support for the implementation of the investment project, noting that the launch of the new plant will make a significant contribution to strengthening the country’s industrial sector and creating new jobs.