Kazakhstan plans to commission eight new chemical industry enterprises by the end of this year, representing a combined investment of KZT 12.9bn ($27 mn). This initiative will create approximately 350 new jobs.
These new ventures will focus on producing liquid nitrogen, sodium pyrosulfite, and other chemical reagents, with up to 70% of the output dedicated to meeting domestic demand. This development is part of a broader strategy aimed at strengthening Kazakhstan's chemical industry and enhancing local supply chains.
Earlier in 2024, Kazakhstan brought two chemical plants into operation. One plant, located in the Mangystau Region, specializes in producing ammonium sulfate, while the other, situated in Almaty, manufactures household chemicals and personal hygiene products. These projects have attracted KZT 4.1bn ($8.5mn) in investment and have created 36 jobs.
In addition to these developments, Kazakhstan is implementing 22 chemical industry projects valued at KZT 790bn ($1.6 bn). These projects include the production of green hydrogen, uranium oxide, lithium carbonate, polyvinyl chloride, and ammonium paratungstate. They are expected to generate 4,700 jobs, with over 45% of the production intended for export markets.
Looking ahead, Kazakhstan is working on a total of 62 projects worth KZT 13.4 trillion ($28bn), which are expected to create more than 26,000 jobs. These projects involve the production of polyethene, potassium fertilizers, ammonium nitrate, and sodium cyanide. These initiatives are being pursued in collaboration with both domestic and foreign investors.
Overall, Kazakhstan’s chemical industry portfolio now comprises 94 projects with a total value of KZT 14.2 trillion ($29.7 bn). Once fully operational, these projects are anticipated to create nearly 31,500 jobs, highlighting the sector's growing importance to the national economy.
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