Turkish Investor Plans to Build a Factory in Pavlodar Region

September 7, 2023

A Turkish investor intends to establish a factory in the Pavlodar region, as reported by LS with reference to the regional administration.

According to the information, Altrade Company (Turkey) plans to launch the first aluminum processing plant in Kazakhstan. It is expected that the facility will produce 18,000 tons of aluminum sheets annually.

"In the initial construction phase, the investment volume will amount to approximately 8 billion tenge. More than 100 jobs will be created," the statement says.

In the second phase, investments may reach 9 billion tenge, and the number of jobs will also increase. The administration noted that aluminum sheets are in demand in the aerospace and automotive industries, construction sector, food industry, and the global market for household appliances production.

Learn more latest Breaking Mining Industry news!

    Subscribe to the most timely news about the metals market

    Metals Wire's weekly digest for mining and processing industry professionals, investors, analysts, journalists.
    By signing up you agree to the Metals Wire
    Privacy Statement