BAKU, Azerbaijan, June 23. Kazakhstan is
discussing the construction of a large-scale non-ferrous metals
deep-processing and cable manufacturing plant in the Turkestan
region with Chinese company Henan Sulipu Cable Co., Ltd., the
regional administration said.
The project, with total investments of 8.5 billion tenge (about
$17.4 million), was discussed during a meeting in Turkestan between
regional governor Nuralgan Kucherov and representatives of Chinese
industrial companies.
According to the regional administration, the project will be
implemented in two phases. The first phase envisions the
construction of a modern plant for cable production and non-ferrous
metal processing. The facility is expected to produce a wide range
of copper-, brass-, and aluminum-based products, including cables,
electrical wires, copper rod, brass rod and profiles, as well as
aluminum sheets, strips, and wire. The plant will process around 30
tons of refined copper per day, with production capacity reaching
up to 30,000 meters of cables and electrical wiring daily.
The second phase includes the construction of a high-tech
production complex for the manufacturing of lead and zinc oxide.
The facility will apply environmentally safe technologies and is
expected to produce 15,000 tons of output annually.
“The Turkestan region is emerging as a favorable area for the
implementation of industrial and investment projects. Our goal is
not to limit ourselves to raw material exports, but to develop
industries that produce high value-added goods. Today’s project is
one of the important initiatives in this direction. By investing in
the Turkestan region, investors gain access to the markets of
Kazakhstan as well as Central Asia, China, Russia, and Europe. We
are ready to support the initiatives of every investor and create
all the necessary conditions for the successful implementation of
projects. This production will contribute not only to the
development of the regional economy but also to raising industrial
cooperation between Kazakhstan and China to a new level,” Kucherov
said.
Authorities noted that the project will create new jobs in the
region and contribute to the development of a new industrial
segment in non-ferrous metal processing. It will also establish a
full production chain for deep processing of copper, aluminum, and
brass products, increasing regional budget revenues and industrial
value-added in the Turkestan region.