ASTANA, Kazakhstan, June 24. Asia Metall Prof plans to build a metallurgical plant in the Zhambyl region of Kazakhstan, Trend reports.
This topic was discussed during a meeting between the director of the company Damir Bakhronov and the head of the regional executive power Yerbol Karashukeyev.
The plant plans to remelt ferrous metal, produce square billets, thin-sheet galvanized steel, and polymer-coated steel.
The cost of the project is more than 50 billion tenge (about $107 million). The plant will presumably be built on the territory of the Taraz industrial zone. The land plots are marked, and the relevant documents are signed.
Presently, efforts are being made to create design and estimation documentation.
During the meeting, the parties also discussed issues of providing electricity, engineering and transport infrastructure.
Karashukeyev assured that the investor will be provided with comprehensive support and pointed out the importance of compliance with environmental legislation.
Meanwhile, the volume of industrial production in Kazakhstan amounted to 46.4 trillion tenge (about $102.5 billion) from January through December 2023. Compared to 2022, production increased by 4.3 percent.
Thus, production volume in the mining and quarrying industry amounted to 21.7 trillion tenge (about $47.9 billion), which is 4.6 percent more than in 2022. In addition, production in this area accounted for 46.9 percent of total industrial production.
At the same time, production in the manufacturing industry increased by 4.1 percent compared to 2022 and amounted to 21.6 trillion tenge (about $47.7 billion). The manufacturing industry, in turn, covered 46.6 percent of total industrial production.
