en.Wedoany.com Reported - Prime Minister Bektenov met with Zhao Tingyong, Vice Chairman of Xinfa Group, and the two sides focused on discussing the implementation progress of the industrial park construction project in Pavlodar Region.

Zhao Tingyong stated that the site selection for the industrial park has been successfully completed, the investment agreement has been officially signed, and the company has engaged professional design institutions to carry out the planning and design work for the park. Bektenov noted that relevant state agencies should provide necessary support and guarantees for this large-scale project with a total investment of $15 billion. This project will not only become an important growth driver for the economic development of Pavlodar Region but is also expected to have a significant catalytic effect on Kazakhstan's industrialization process.

According to the full-chain industrial park construction plan, the project will build a highly integrated production system, achieving full-chain production from raw materials to high value-added aluminum products through deep processing of bauxite. After the project is put into operation, the annual production capacity of alumina is expected to reach 4.8 million tons, and the annual production capacity of electrolytic aluminum is expected to reach 2.4 million tons. In addition, the annual output of deep-processed aluminum products in the park is expected to reach 1.2 million tons. Once the project is fully completed, it is expected to directly create approximately 10,000 jobs.

The construction of the industrial park is planned to officially commence this year, with the first phase expected to be put into operation in 2028, and full production capacity is targeted to be achieved by 2029.

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