Kazakhstan plans to build modern industrial park
EL.KZ Информационно-познавательный портал
First Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar held a meeting with Zhao Tingyun, Vice Chairman of the Board of XINFA GROUP, to discuss investment cooperation and practical aspects of constructing a modern industrial park in Kazakhstan,El.kz cites primeminister.kz.
XINFA GROUP is a Singapore-based company and one of the world’s largest industrial conglomerates with a diversified portfolio spanning the energy sector, aluminum and chemical industries, as well as environmentally friendly construction and agricultural technologies. Founded in 1972, the company holds leading global positions in several key industrial segments.
The concept of the investment project предусматривает the establishment of a large-scale, full-cycle industrial park in the Pavlodar Region, focused on deep processing of raw materials to produce high value-added products from coal, bauxite, copper, fluorite, and limestone. In particular, the project includes the construction of metallurgical facilities for the production of alumina, aluminum, and copper, the development of energy infrastructure including facilities based on renewable energy sources, as well as the launch of enterprises producing soda ash, carbon materials, and environmentally friendly construction solutions.
The total volume of investments is estimated at approximately USD 15 billion, with the planned area of the future industrial park exceeding 3,000 hectares. The project is expected to create more than 10,000 jobs.
Vice Chairman of the Board of Xinfa Group Zhao Tingyun noted that the company has already conducted a preliminary assessment of Kazakhstan’s resource base, including bauxite, coal, and copper deposits, and positively evaluates their industrial potential in the context of forming deep processing value chains and producing high value-added products.
Roman Sklyar emphasized that Kazakhstan, following the course set by President Kassym-Jomart Tokayev, views industrial modernization, the attraction of strategic investments, and the development of a technologically advanced industrial sector as key priorities of state economic policy. He highlighted that the Government has established a stable legal and institutional framework to support major investment projects, including mechanisms for long-term partnerships with international industrial groups.
Following the meeting, the parties confirmed their mutual interest in further detailed elaboration of the project, expansion of industrial partnership, and strengthening long-term investment cooperation.
Subscribe to our Telegram channel and be the first to know the news!
El recommends 
