...

Kazakhstan’s Karaganda finishes ambitious large-scale projects with record investments

Economy Materials 15 March 2025 11:45 (UTC +04:00)
Kazakhstan’s Karaganda finishes ambitious large-scale projects with record investments
Madina Usmanova
Madina Usmanova
Read more

ASTANA, Kazakhstan, March 15. The Minister of Industry and Construction of the Republic of Kazakhstan, Yersaiyn Nagaspayev, visited the TEMPO Kazakhstan feasibility study plant in the Saran industrial zone during a working trip to Kazakhstan's Karaganda region, Trend reports.

The construction work for this project was planned for 2023-2025. The project’s cost is 25 billion tenge ($50 million), and its design capacity will allow the production of 250,000 tons of products per year.

“Currently, construction and installation works have been completed at 95 percent. The construction of the metal structure factory, external wall concrete works, roofing, and overpass have been completed. Internal works and the installation of engineering networks continue,” the information notes.

The Minister also visited the factory of "Kazakhstan Hot-Dip Galvanizing Plant." The plant plans to complete construction in 2023-2025. The project cost is 6.2 billion tenge ($12.4 million), and its design capacity will provide 50,000 tons of galvanized products per year and the production of 8,000 tons of metal structures.

According to the information, the construction and installation works at the plant are 80 percent complete. The main works include foundation construction, the installation of metal structures, cladding with sandwich panels, and the installation of half of the production equipment.

“The investment in the project amounted to 5.8 billion tenge ($11.6 million). The construction of the plant will be completed in 2025, and the products will be sold in Kazakhstan and the EAEU countries,” the ministry added.

As part of the working trip, Yersaiyn Nagaspayev visited the metallurgical plant JSC "Qarmet" in Temirtau. The Minister was briefed on the progress of the investment program for the modernization of the plant. This enterprise, launched in 1960, is one of the largest and most important productions in Kazakhstan’s metallurgical industry today.

JSC "Qarmet" produces 3.2 million tons of pig iron, 3.5 million tons of steel, 3.3 million tons of rolled products, and 6.1 million tons of coal per year. Currently, 29,117 people work at the plant. The company’s production capacities, working conditions, and enterprise stability play a significant role in the development of Kazakhstan’s metallurgical industry.

The investment in the "TEMPO Kazakhstan" project amounted to 12.4 billion tenge ($24.8 million). The plant is expected to be completed in the second quarter of 2025. TEO "TEMPO Kazakhstan" intends to sell its products in Kazakhstan and the EAEU countries.

TEMPO Kazakhstan is engaged in the production and supply of building materials, as well as providing services in the construction sector. It is one of the major players in the Kazakh market, offering products and solutions for various industries, including industrial, energy, and construction sectors.

The "Saran" industrial zone is located in the Karaganda region of Kazakhstan. This zone is home to various manufacturing and industrial enterprises, including those involved in heavy industry, machine engineering, and construction.

Tags:
Latest

Latest