Kazakhstan: Steel Pipes Plant To Be Built In Almaty

Kazakhstan: Steel Pipes Plant To Be Built In Almaty

A construction of the country’s first high-tech plant on production of large-diameter steel pipes has started in Almaty, the Mayor’s Office reports.

In the Industrial Zone’s territory in Alatau region, a solemn ceremony of laying a capsule took place, which gave a start to the construction of the country’s first high-tech factory on release of large-diameter welded steel pipes for supply of oil, gas, water and petroleum products, for use in mining, construction, chemical industries and power industry.

In his speech Almaty Mayor Bauyrzhan Baibek noted that the construction of the new high-tech plant will ensure import substitution of 60% of imported pipe products to Kazakhstan, create new jobs, and provide additional tax revenues to the budget, the Strategy 2050 IA reported.

“The Industrial Zone, created on behalf of the Head of State, became the center of attraction of foreign investments. Out of 39 projects: 18 – export oriented, 7 – with participation of foreign capital. Among them are Russian KMK Investment, Japanese Tokio Rope, Jordanian Hikma, and today also Chinese Asia Steel Pipe. 33 billion tenge are invested in this project, the Mayor’s Office carried out work on bringing relevant communications. For the construction period, up to 800 workplaces and more than 300 permanent ones will be created after the plant launch”, – B. Baibek said.

According to CNPC CEO Zhang Jinghua, the implementation of the project became possible following the meeting of President of Kazakhstan Nursultan Nazarbayev and Chairman of the People’s Republic of China Xi Jinping in 2014, within the framework of which the Program of Complex Strategic Cooperation in Oil and Gas Industry between JSC NC “KazMunayGas” and CNPC.

“This project marks a new milestone in relations between the countries. Our priorities in construction are to ensure quality and safety, transfer of modern technologies, compliance with the country’s legislation and timely commissioning”, – CNPC CEO added.

In turn, Chairman of the Board of NC KazMunaiGas Sauat Mynbayev stressed that the company will meet a demand for pipes not only in oil and gas, mining and chemical industries, but also in housing and communal services of Almaty. According to him, this project meets the instructions of the Head of State for the development of the non-primary sector of the economy.

A production capacity of the plant, which will be located on 18.2 hectares in Alatau region, will be 100 thousand tons of pipe products per year. In general, the district develops on the principle of polycentricity, a full-fledged infrastructure of a new administrative center is formed; kindergartens, schools, public healthcare facilities, as well as world-class sports facilities are constructed.