EuroChem invests $1 bln in construction of mineral fertilizer plant
Prime Minister Askar Mamin made a working trip to Zhambyl region to ensure the implementation of the State Program for Industrial and Innovative Development initiated by First President of Kazakhstan, Nursultan Nazarbayev, as well as the instructions of Head of State Kassym-Jomart Tokayev on the socio-economic development of the region, Strategy2050.kz reports with reference to primeminister.kz.
In Zhanatas city, in the presence of the head of Government the Ministry of Industry and Infrastructure Development, Governor’s Office of Zhambyl region and one of the world's leading producers of mineral fertilizers - EuroChem JSC signed an investment agreement on the construction and operation of a plant for the production of mineral fertilizers.
The volume of investments in the project will be about 1 billion US dollars, plant’s capacity is 1 million tons of fertilizers per year. The deposits of the phosphorite basin in Karatau will become the resource base. The production technology will produce high-quality phosphate and complex fertilizers with minimal environmental impact - without phosphogypsum waste.
About 120 thousand tons of calcium chloride and at least 400 thousand tons of gypsum dihydrate per year will be produced at the same time, which will meet the needs of the road, oil and gas, construction and agricultural industries.
The company is scheduled to be commissioned in 2021, about 2,000 new jobs will be created.
The Prime Minister got acquainted with the construction project of the Zhanatass wind farm worth 50 billion tenge. At the first stage, the capacity will be 100 MW, at the second - 200 MW. To date, 19 wind generators have been installed; in the first quarter of 2020, their number will be increased to 40.
The head of Government was informed about the preparations for the construction of a soda ash plant - “Qazaqsoda” LLP - in 2020-2022. The volume of investment in the project by the Turkish company Yildirim Group will be about 127 billion tenge. At the first stage, the enterprise will produce 400 thousand tons of products per year with the prospect of a further increase to 1 million tons per year.
In the city of Taraz, Mamin visited one of the leading enterprises in the region - the mineral fertilizer plant of Kazphosphate LLP. Since the beginning of the year, the company has produced products worth 142 billion tenge, which are mainly sold on the domestic market and partially exported to Russia, China, the USA, Germany and the UAE.
The Prime Minister took part in the launch of the 3rd production line of the Saule confectionery factory, which will additionally create 70 new jobs.
The head of Government also visited the Regional History and Local Lore Museum and the Art Gallery at the Kone Taraz Historical and Ethnocultural Complex, opened on December 25, this year, to mark the 80th anniversary of Zhambyl region.
For 11 months this year, the volume of manufacturing in Zhambyl region amounted to 319.5 billion tenge (+ 7%), the volume of investments in fixed assets - 250.1 billion tenge (+ 10.5%). A pool of 66 investment projects worth 2.7 trillion tenge has been formed with implementation periods from 2020 to 2025 and the creation of more than 11 thousand new jobs.
