Kazkahstan’s Prime Minister Olzhas Bektenov chaired a meeting focused on the implementation of large-scale industrial projects in Kazakhstan’s chemical and metallurgical sectors. These initiatives aim to create clusters of high-value-added production and are being carried out in accordance with President Kassym-Jomart Tokayev’s directive to strengthen the country’s export-oriented industrial base.
Minister of Industry and Construction Yersaiyn Nagaspayev reported that five major projects are currently underway with a total investment volume of around $10bn. These projects are expected to create over 8,700 permanent jobs and play a critical role in boosting regional economies.
In the Abay region, construction is underway on a copper smelting plant with an annual capacity of up to 300,000 tonnes of copper cathode. The plant will process raw materials from the Bozshakol, Aktogay, and Vostoktsvetmet deposits and is projected to create more than 1,000 permanent jobs. The project has been included in the Unified Industrialisation Map, and infrastructure connection efforts are in progress.
In the Karaganda region, Qarmet is implementing a $3.5bn modernization programme aimed at increasing production volumes and developing new products for the machine-building and automotive industries. By 2028, the company plans to produce up to 9mn tonnes of coal and iron ore concentrate and 5mn tonnes of steel annually, generating 2,000 new jobs. In 2024, production activities were fully restored, equipment underwent overhaul, and coal mining resumed at 7 out of 8 mines, boosting coal output by 7%.
In the Kostanay region, a plant for producing hot-briquetted iron with a capacity of 2mn tonnes per year is planned at the SSGPO site. The iron content is expected to exceed 90%, and the project is positioned as a model for introducing environmentally friendly technologies in metallurgy. The project, which will attract up to $1.2bn in investment and create 1,000 jobs, is currently in the infrastructure planning and financing stage, with international financial institutions involved.
In the West Kazakhstan region, a production complex for potassium chloride is being developed based on the Satimola deposit. The project is planned to roll out in four phases, gradually reaching a capacity of 12mn tonnes per year. Over 4,000 jobs will be created, and significant groundwork has already begun, including drilling, land preparation, rock freezing, and infrastructure development. The project’s total cost exceeds $2.4bn.
In the Mangistau region, KazAzot Prime is building an ammonia and urea production complex to meet domestic demand for mineral fertilizers. With an investment volume of $1.5bn, the project will create 700 permanent jobs and is scheduled to be commissioned in 2029.
During the meeting, Prime Minister Bektenov emphasized the importance of an integrated approach to forming modern industrial clusters. He stated that the new projects should become anchor points for industrial growth, focusing on producing high-value-added products, incorporating modern technologies, and building competitive clusters. Bektenov stressed the importance of developing supporting ecosystems around these major projects, including small and medium enterprises, service providers, logistics centers, and infrastructure.
“We expect a powerful multiplier effect, which will create thousands of new jobs and revitalize the economies of entire regions,” he said.
Government agencies have been instructed to provide comprehensive support to ensure the successful and timely launch of all projects. The Ministries of Industry and Construction and National Economy have been tasked with overseeing implementation and addressing any emerging challenges.
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