A total of 15 major innovative
industrial projects are under implementation in Kazakhstan, some of them have
already been launched, while preparatory work is underway for others, including
the hot-briquetted iron production. The plant, with a capacity of two million
tonnes, will provide deep processing of raw materials and supply domestic steel
mills with necessary materials. There are also plans to launch an
electro-metallurgical plant, which will produce special-purpose steel for
railway engineering companies. Another project is a copper smelting plant that
envisages complete processing of raw materials up to copper cathode. The
products will be exported to China. Besides, an import-substituting project for
the production of passenger wagons is slated to be launched together with a
Swiss company. The implementation of all production facilities will be carried
out at the expense of foreign investments as well as loans from international
financial organizations, and will amount to seven trillion tenge, according to the
relevant ministry. All projects are designed to form the basis of the country’s
industrial framework.