The new Kostanay iron foundry is preparing to launch

In Kostanay, the construction of one of two high-tech plants, which will become the new locomotives of the Kazakh economy, is at the final stage.
The plant will produce blocks and heads of internal combustion engines, as well as gearbox housings for driving axles of trucks.
Akim of Kostanay region Kumar Aksakalov met with engineers, discussed the progress of commissioning work, personnel training, including issues of training and advanced training of specialists, as well as issues of providing the necessary infrastructure, including the construction of access roads and bringing utilities to the facility.
In order to assist investors, the Batys substation with a capacity of 224 MW was introduced, which provides uninterrupted power supply to all enterprises in the Industrial Zone.
“As the Head of State noted in his Address, “...we are faced with an important task - the formation of a strong industrial framework of the country.” Therefore, the main emphasis should be on the accelerated development of the manufacturing sector,” Kumar Aksakalov emphasized.
To fulfill this order, work is underway to attract investments and implement projects in the industrial sector.
Thus, last year, 554.3 billion tenge of investments in fixed assets were attracted into the regional economy. 12 investment projects were implemented for a total amount of almost 80 billion tenge.
This year, 9 investment projects worth 136 billion tenge will be implemented.
The launch of a plant for the production of blocks and block heads of internal combustion engines, as well as drive axles for trucks, will be a catalyst for the development of human resources in the Kostanay region: more than a thousand specialists will receive work at new enterprises, as well as attract qualified workers.
Annual tax payments to the budget will amount to about 20 billion tenge.
Kumar Aksakalov noted that the launch of the iron foundry will further strengthen the position of the region’s machine-building cluster and, in general, will give a powerful impetus to the development of the industrial sector of the region.