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Memorandum of construction of Kyrgyz-Kazakh ferroalloy factory signed in Bishkek

Bishkek. July 11. Kazakhstan Today - The memorandum of construction of Kyrgyz-Kazakh ferroalloy factory was signed in Bishkek during Kyrgyz-Kazakh business-forum. The Minister of Industry, Energy and Fuel Resources of Kyrgyzstan Igor Chudinov and the Chairman of the National Center for complex processing of mineral raw materials at the Ministry of Industry and Commerce of the Republic Kazakhstan Abdrasul Zharmenov signed the document, the agency reports. The factory will be able to produce 200 thousand tons of alloys for the sum of nearly $250 million. The enterprise will create more than 2 thousand workplaces. According to A. Zharmenov, initial raw material for the factory will be coal waste. "More than $100 million is required for construction of the enterprise," the Prime Minister of Kyrgyzstan Almazbek Atambayev explained during the press conference.

Resourse: Kazakhstan Today

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