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China implements in Kazakhstan large investment projects

28 January 2015

China is going to power in Kazakhstan 52 investment projects. Their implementation will be carried out by co-financing, direct investment or by moving production from China to Kazakhstan. The total cost of projects exceeds 60 billion. USD. In order to discuss the possibilities of implementing the Kazakh government delegation arrived in China. According Kazahinform, decisions taken as a result of the negotiations will be entered into the protocol. List of projects providing for the introduction of investment, including metallurgy, light industry, mining. Also included in the list of energy, petrochemicals, construction, tourism and infrastructure development of the Republic of Kazakhstan. Basically projects affecting the region is leading to the Republic of Kazakhstan in the second 5letki industrial-innovative development.

Future products will come true on the markets of Kazakhstan, in the countries of the Eurasian Economic Union as well as the Chinese market. These projects are focused on the needs of the Chinese partners. Preliminary designs were agreed at the level of the Ministry of Investment and Development, with the participation of local executive bodies and business representatives. To date, the projects implemented in the framework of the second 5letki, investments are ready to invest more than 100 leading global companies.

According to information provided Steelland, at the end of December in the online teleconference during the next 15 projects of the Industrialization Map of Kazakhstan was put into operation. 5 engineering and metallurgical enterprises were put into operation. In particular, it was launched the plant LLP «Posuk Titanium», located in the East Kazakhstan region and focused on the production of ingots of titanium and titanium slabs. In the Karaganda region started work at the factory «AK» Altynalmas «engaged in gold production. Also opened a rail and structural steel plant in Aktobe, Ural transformer factory, engaged in production of electrical goods. It started production at the factory for the extraction of gold LP «AulieGoldMayning» In the North-Kazakhstan region.

Since the beginning of 2014 was put into operation about 150 projects implemented in the framework of the implementation of maps in the Republic of Kazakhstan. According to data provided by the Ministry of Investment and Development, in the four years since 2010, 770 major industrial projects have been put into effect in Kazakhstan. During a space bridge the President of Kazakhstan noted the increase in production of long products, which increased by 6 times. Production of steel pipes increased by 3 times.

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