An Industrial Park to be Constructed in the Pavlodar Region

Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan Gabidulla Ospankulov held a meeting with Deputy Chairman of the Board of Xinfa Group Zhao Tingyun.

During the meeting, the parties discussed the implementation of a project to build an industrial park in the Pavlodar region. The planned investment volume is estimated at $15 billion, while the project is expected to create 10,000 jobs.

During the talks, Gabidulla Ospankulov presented information on government support measures, tax incentives, and the advantages of the country's investment climate.

Xinfa Group representatives noted that the industrial park will specialize in bauxite processing, aluminum production, electrolytic copper, soda ash, carbon materials, fluorochemicals, and environmentally friendly building materials. In addition, the development of projects in the fields of thermal power plant (GRES), coal chemistry, and energy infrastructure is being considered.

The participants confirmed their mutual interest in further strengthening cooperation and highlighted the strong potential of the industrial park investment project in the Pavlodar Region.

Xinfa Group is a modern, large industrial holding encompassing such industries as power generation, heat supply, alumina production, electrolytic aluminum, deep aluminum processing, polyvinyl chloride, caustic soda, and environmentally friendly building materials, as well as modern agriculture.