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An industrial park is planned for construction in the Pavlodar region

An industrial park is planned for construction in the Pavlodar region

Today, a meeting was held at KAZAKH INVEST NC JSC between Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of Kazakhstan, and Zhao Tingyun, Deputy Chairman of the Board of Xinfa Group.

Xinfa Group is a modern, large industrial holding encompassing such industries as power generation, heat supply, alumina production, electrolytic aluminum, deep aluminum processing, polyvinyl chloride, caustic soda, and environmentally friendly building materials, as well as modern agriculture.

During the meeting, the participants discussed the planned construction of an industrial park in the Pavlodar region. The planned investment volume is $15 billion, creating 10,000 jobs.

Xinfa Group representatives noted that the industrial park will specialize in bauxite processing, aluminum production, electrolytic copper, soda ash, carbon materials, fluorochemicals, and environmentally friendly building materials, as well as power plant (GRES), coal chemistry, and energy projects.

During the talks, Gabidulla Ospankulov presented information on government support measures, tax incentives, and the advantages of the country's investment climate.

The participants confirmed their mutual interest in continuing an active dialogue and noted the potential of the industrial park construction investment project.

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