AKTOBE, May 25, 2026 - A groundbreaking ceremony for the Eurasian Integrated Green Copper Industry Project was held in the Aktobe Special Economic Zone. This large-scale production complex for copper rod and cable products will be built with the support of the Aktobe Region Akimat and KAZAKH INVEST NC JSC, with Chinese investment from Beijing Jinyi Yuanfang Holding Group and Phoenix Industrial Group LLP.

The event was attended by Abzal Abdikarimov, Deputy Akim of Aktobe Region; Sultangali Kinzhakulov, Chairman of the Board of KAZAKH INVEST NC JSC; Guo Yu, Consul General of the People's Republic of China in Aktobe; Li Haodie, Chief Advisor of Jin Yi Yuan Fang Holding Group Feng Song, Executive President of Guda Wire and Cable (Group) Co., Ltd. as well as representatives of government agencies, the business community, and international organizations.

The ceremony was a significant event for the Aktobe region and the entire country: Kazakhstan is steadily moving toward creating fully-fledged production chains in the mining and metallurgy sector. The new plant, with a design capacity of 25,000 tons of refined copper per year, will ensure the advanced processing of copper scrap collected from the country's regions and transform Aktobe into a regional copper industry hub.

Azal Abdikarimov, Deputy Akim of the Aktobe region, emphasized the strategic importance of the project in his speech:

"In accordance with the instructions of the President of the Republic of Kazakhstan, special attention is being paid today to the development of the manufacturing industry. In this regard, the Aktobe Special Economic Zone, covering a total area of ​​858 hectares, was established on the territory of the Aliya Moldagulova International Airport to attract investment to the region, reduce import dependence, and develop production. This project is a concrete result of the negotiations held during our working trip to the People's Republic of China earlier this year, and it is also the first plant to be built within this special economic zone. Therefore, this initiative will become a new growth driver for the region's economy, providing impetus for the creation of new jobs and enhancing the competitiveness of domestic products. We are confident that this project will be a shining example of mutual trust and effective economic cooperation between Kazakhstan and China," noted the Deputy Akim of the region.

According to Sultangali Kinzhakulov, Chairman of the Board of JSC NC KAZAKH INVEST, the total volume of Chinese investment currently stands at $25 billion, with approximately 250 investment projects in the country at various stages of implementation. Kazakhstan accounts for 60% of Chinese investment in Central Asia — a significant figure. In the next 3-5 years, the total investment is planned to reach $100 billion.

The total investment in the project is approximately $100 million. The plant is scheduled to launch in 2027. The project will create 250 permanent jobs. The products will include copper rod and cable products. The finished goods will be targeted both for the domestic market and for export to the Eurasian Economic Union and the European Union.

The project fits seamlessly with the government's commitment to industrialization and economic diversification. Locating the production facility in the Aktobe SEZ will provide the investor with preferential tax and customs regimes, as well as access to a well-developed transport and logistics infrastructure. The use of copper scrap as a raw material is consistent with the principles of green metallurgy and contributes to reducing the industry's carbon footprint.

The project will increase the level of production localization, strengthen the country's export potential, attract additional foreign direct investment to the industrial sector of the Aktobe region, and create new value-added production chains.

REFERENCE INFORMATION

KAZAKH INVEST NC JSC is the national company for attracting investment to Kazakhstan. It provides comprehensive support to foreign and domestic investors at all stages of project implementation, from pre-project development to operational activities.

Beijing Jinyi Yuanfang Holding Group is a Chinese investment holding company specializing in the implementation of international industrial projects in the metallurgical sector.

Source : https://www.gov.kz/memleket/entities/mfa-beijing/press/news/details/1228379?lang=ru