By the end of the year Chinese investors will have carried out two projects.
The first is the construction of the metal works by Forever Fourshing Co. Ltd. Investments will total 7.4 billion tenge.
The plant will produce 300 thousand tons of metal per year, with 80% to be exported. The company intends to export to Russia, Iran and China.
The commissioning of the second plant – to produce cable – is planned for 2021, and in 2024 it will reach its project capacity.
Investments in this project will total 13.6 billion tenge. (Ukrainian metal)