The Russian company SibInvestGroup LLC will send its financial investments to create an aluminum cluster on the territory of the FEZ Pavlodar, with the participation of the German company LVG ​​GmbH, reports abctv.kz.

“It is planned that in July-August 2017 the first batch of alloyed aluminum will be produced. The design capacity of the plant is 36 thousand tons of products per year. The volume of private investments will make 4.5 billion tenge. Following the launch of this production, it is planned to build the following redistribution, “said Anar Aytkazin, head of the investment attraction department of the department of industrial and innovative development of Pavlodar region. Recently, an additional agreement between Pavlodar akimat and GIESSENHAUS LLP (Giessenhaus) and a memorandum on cooperation between the akimat of Pavlodar region and LVG GmbH (Germany) was signed at the investment forum in Pavlodar to create an aluminum cluster. To work in Kazakhstan, SibInvestGroup LLC registered the Kazakhstan LLP GIESSENHAUS in Pavlodar. The primary raw material for production will be primary aluminum, which is produced at the Pavlodar JSC “Kazakhstan Electrolysis Plant” (as part of the ERG) with a production capacity of 250 thousand tons of primary aluminum per year, 90% of which are sent to foreign markets. “There is a protocol with ERG that they are ready to supply the necessary quantity of primary aluminum and discuss the issues of further increase in production if necessary,” says Anar Aytazin. The next stage of the project to create an aluminum cluster, according to the head of the investment attraction department, will be the creation of higher redistribution, including the production of disks for cars. “This product can be supplied both to the Kazakhstani and European markets. Negotiations are currently under way with Kostanay and Ust-Kamenogorsk assembly plants. According to him, the market of Kazakhstan is small, so Europe is being considered, there are already agreements – France, Germany. Answering the question abctv.kz, which attracted Russian investors to Kazakhstan, Anar Aytkazin said: “First of all, this is the lack of competition, no one in Kazakhstan produces such products. In addition, it is undoubtedly an investment attraction of Kazakhstan, as many preferences are given, certain benefits, including for those who come with projects in a special economic zone. An important fact is the availability of qualified personnel and specialized educational institutions that prepare them. Today, work is already underway on the zero cycle – the construction of a pit. The other day we have included this project in the Industrialization Map, which means certain state support measures. The FEZ participants are exempted from customs and tax payments on the delivery of equipment, which undoubtedly affects the price reduction of the project. “