Plans to build a full-cycle industrial park in Kazakhstan’s Pavlodar region were discussed during a meeting between First Deputy Prime Minister Roman Sklyar and Zhao Tingyun, Vice Chairman of the Board of XINFA GROUP, QazMonitor reports, citing the government’s press service.
According to the proposed investment concept, the industrial park would focus on deep processing of raw materials to produce high-value-added products based on coal, bauxite, copper, fluorite, and limestone. The project includes the construction of metallurgical facilities for alumina, aluminum, and copper production, as well as the development of energy infrastructure, including renewable energy facilities.
The concept also предусматривает the launch of enterprises producing soda ash, carbon materials, and environmentally friendly construction solutions. Total investment in the project is estimated at around $15 billion. The planned area of the industrial park exceeds 3,000 hectares, with more than 10,000 jobs expected to be created.
Zhao Tingyun noted that Xinfa Group has already conducted a preliminary assessment of Kazakhstan’s resource base, including bauxite, coal, and copper deposits, and positively evaluates their industrial potential for building deep-processing chains and manufacturing high value-added products.
Following the meeting, both sides confirmed their interest in further detailed development of the project, expanding industrial partnerships, and strengthening long-term investment cooperation.
XINFA GROUP is a Singapore-based company and one of the world’s largest industrial conglomerates, with a diversified portfolio spanning energy, aluminum and chemical industries, as well as environmentally friendly construction and agricultural technologies.