Kazakhstan To Construct Two Large Factories In Alytau
Date
8/8/2023 10:04:07 PM
(MENAFN- Trend News Agency) ASTANA, Kazakhstan, August 9. Kazakhstan plans to build two large factories, where 4,500 people
will be employed, said deputy akim (head) of the region, Zhasulan
Bisembiyev, trend reports.
The first factory, a butadiene production facility, will be
built in collaboration with a major Russian corporation. This
factory will concentrate in the production of rubber materials used
in tire manufacturing. It is expected to create approximately 2,500
job opportunities at a cost of $800 million. The construction of
this business is set to begin next year, with the factory due to
open in 2026.
"The second factory is a $500 million collaborative venture with
foreign investors focused on gas processing." More than 2,000 jobs
will be created by this factory. "The construction of this gas
processing facility will begin this year, indicating a promising
boost to the region's economic landscape," he stated.
Both enterprises plan to primarily employ people laid
off in connection with the completion of the expansion project at
the Tengiz field.
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