67 Billion Tenge Projects are Being Implemented in Mangystau Region
Magystau region in Kazakhstan will see the implementation of 22 new investment projects, worth 67 billion Tenge, this year.
One of the projects includes the construction of a broiler chicken factory, which has the capacity to produce 5,000 tons of output.
The factory, which is expected to be launched in December, is located in the Tupkaragan district.
“We are constructing an animal feed factory. There is no similar plant in Mangystau region,” said the project team member, Daniyar Turginov.
The factory is expected to cover 50% of the region’s chicken demand.
Meanwhile, investors from Azerbaijan will invest in the construction of a cable and transformer plant in Mangystau.
The plant costs 9 billion Tenge and the output will be exported to Kyrgyzstan, Turkmenistan and Uzbekistan as well as a number of other countries.
“We are completing the construction and installation works. We will manufacture between 2,000 and 5,000 tons of cables and 1,200 units of electric equipment,” Azerbaijani investor, Samir Rassulov said.
He added that the plant is located in the Aktau Seaport Special Economic Zone.
A cast iron facility, which will produce 250,000 tons of output per year, is also being built in the special economic zone.
Acting Deputy Head of the Industrial and Innovative Development Department of the Mangystau region, Tilegen Yedigeyev said 76 billion Tenge are expected to be allocated for the cast iron project.
“The raw material for the facility will be extracted at the largest iron stone deposit in Beskempir, which is located in the Mangystau region,” he said, adding that the output will be exported to India, Iran and Pakistan.