IN WKR INVESTORS ARE READY TO INVEST 70 BILLION TENGE IN THE DEVELOPMENT OF THE REGION'S ECONOMY

IN WKR INVESTORS ARE READY TO INVEST 70 BILLION TENGE IN THE DEVELOPMENT OF THE REGION'S ECONOMY

They intend to implement 5 projects in the region and create 700 jobs. So, thanks to the efforts of local businessmen, with the involvement of their own and foreign investments, two plants may appear at once in the coming years - for the production of steel casting and expanded clay gravel, an agricultural complex for the production of pasteurized milk, soy drinks and mixed feed.
Information about the development of new industries in the region was announced by businessmen at a meeting of the regional Council for attracting investment, improving the investment climate and promoting the export of WKO in the akimat of the region.
The head of KazArmaprom LLP, Stanislav Kachalo, said that the company plans to establish the production of castings, steel blocks, shut-off valves for the metallurgical, machine-building and electric power industries, as well as companies-subsurface users.
They intend to build the plant in the village of Beles, Baiterek district in 2021-2023.
Its cost is 46 billion tenge (of which 80% is borrowed funds and 20% is the contribution of a foreign investor). The production capacity is 20 thousand tons of castings per year. When the project is implemented, it can employ 400 people.
- We need the support of the state in obtaining a land plot for the construction of the plant, as well as in bringing the necessary infrastructure - access roads, gas pipelines, engineering networks, - said Artur Latypov, Deputy Director for Development of KazArmaprom LLP. - In addition, we want to build our own gas-fired power plant with a capacity of 22 megawatts, we need sufficient volumes of natural gas for its uninterrupted operation.
Kosherbay Aigozhuly, Vladimir Kharchev - members of the Regional Council-asked the initiators of the project how much their products are in demand and whether there is a market for their sale.
In response, Stanislav Kachalo explained that, according to statistics, Kazakhstan imported 1 billion 600 million tenge worth of shut-off valves from abroad in 2017-2019.
- We are working on the project with the company City Group, they have contracts for the supply of castings in Russia and abroad, - said Stanislav Kachalo.