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Chinese investor intends to build in Kentau ore enrichment plant

- City of Shymkent
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The total investment, which will be spent on construction of the plant is 2 million USD.

A memorandum of understanding was signed today between the Chinese investor, and Akimat of Kentau, the Chamber of Entrepreneurs of SKR.

The plant will be located in the industrial zone of Kentau. It is planned within this project to enrich ore with the release of the final product - copper-gold concentrate required in the steel industry, in particular for the industrial enterprises of "Kazakhmys" and "Kazzinc".

For the realization of the investment project, LLP "Kentau Polymetal" was created, the founders of which were Chinese citizen and a resident of Kentau.

Gold deposit "Jubilee", located in the western part of Kazakhstan, will be supplier of ore for the processing plant.

The capacity of the plant – is 65 thousand tons of copper-gold concentrate per year (200 tons per day). The implementation of this investment project will create 100 new jobs in Kentau. According to the memorandum, 90 percent of plant workers, are local residents.

 The sides expressed interest in the successful implementation of the investment project. During the meeting in the office of the Chamber of Entrepreneurs of SKR, representatives of the Chinese companies also reported about the need for detailed advice on the legislation of the Republic of Kazakhstan for the support of investment projects. The Chamber of entrepreneurs expressed its willingness to provide complex legal services and other service support.

"We are grateful to the Chamber of Entrepreneurs of South Kazakhstan region, because it has helped to attract investors in the face of Chinese colleagues. In addition, from our side all conditions we will be created for realization of the investment project, - said the deputy akim of Kentau Nurzhan Tashimov.

 


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