International integration

Investors to participate in development of project of Kenderli resort zone in Aktau

Governor of the region Yeraly Tugzhanov and the executives of “South Operating Company” LLP Rao Esvara and Bekhara Sankar Bhagavathi signed a memorandum on cooperation between the Governor’s Office within the framework of the Program for the Development of Regions until 2020.
Mangystau 13 October, 10:56

"South Operating Company" LLP - is engaged in design, construction and production in the territory of the Republic of Kazakhstan.

The sides signed an agreement on taking part in the development of the Kenderli resort area project and further development and management of the territory of the Industrial Zone in the city in Aktau and Atyrau, as well as by assisting investors for construction purposes on 9 projects: a 400-ton steel rolling mill for the production of steel reinforcement; a mini steel smelting plant with a capacity of 400-500 tons per day to produce steel blanks from iron ore; a plant for the production of starch with a capacity of 400 metric tons per day from wheat for domestic consumption; desalination plant with a capacity of 500-50000 cubic meters per day for domestic and industrial consumption; a solar wind/wind power plant with a capacity of 100-200 MW; technological food equipment for oil and gas and other industries; installation for the production of steel products for the manufacture of large structures, large parts of oil storage tanks and other industrial products required for the oil and gas industry; construction of a gas power plant from 100 to 200 MW; the construction of a battery factory for the machine-building industry; development of the project of the Kenderli resort zone (construction of an airport, a residential area and a tourist zone).

Governor of Mangistau region Yeraly Tugzhanov expressed confidence that both sides will make their efforts to provide all-round assistance in the implementation of this program.