Last news in Fakti

Kazakhstan is betting on attracting large investors

They will be sought in the field of geological exploration and the petrochemical industry

Май 29, 2024 18:10 85

Kazakhstan is betting on attracting large investors  - 1

The President of Kazakhstan Kasim-Jomart Tokayev during a meeting with the head of the Kazakh national company Kazmunaigas (KMG) Askhat Hasenov gave directions for attracting large investors in geological exploration and the petrochemical industry. This was announced by the press service of the Kazakh leader.

At the meeting with Tokaev, Hasenov informed the president about the progress of the implementation of large investment projects, including the construction of a plant for the production of polyethylene with a capacity of 1.25 million tons in the Atyrau region and the development of a petrochemical cluster. The head of the national company also reported on geological exploration work to replenish reserves and maintain oil production levels.

Earlier, the republican authorities announced that Kazmunaigas and "Tatneft" will establish a joint venture to carry out geological studies of the Karaton Podsolevoy deposit in the Atyrau region of Kazakhstan.