Prime Minister Olzhas Bektenov visits the Pavlodar region’s key enterprises, namely Aluminium of Kazakhstan

Published: Mar 8, 2024 18:23
Prime Minister of the Republic of Kazakhstan Olzhas Bektenov recently visited several key enterprises in the Pavlodar region, such as Aluminium of Kazakhstan, KSP Steel, Kazakhstan Electrolysis Plant, Aksu Ferroalloy Plant, and Aksu Power Plant.

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov recently visited several key enterprises in the Pavlodar region, such as Aluminium of Kazakhstan, KSP Steel, Kazakhstan Electrolysis Plant, Aksu Ferroalloy Plant, and Aksu Power Plant. The visit assessed the progress of implementing the instructions the Head of State, Kassym-Jomart Tokayev, gave.

These instructions focus on developing export-oriented industries and technologically modernising regional enterprises. The companies mentioned play a vital role in the regional economy and make significant contributions.

"It is necessary to raise the bar of production processing and continue work on technical modernisation of the enterprise, taking into account environmental requirements," said the Prime Minister.

His visit to Aluminium of Kazakhstan

During his visit, Prime Minister Bektenov also familiarised himself with the operations of Aluminium of Kazakhstan JSC, one of the world's leading producers of alumina. The plant boasts a workforce of more than 30 generations of metallurgists. Additionally, the company operates a thermal power plant that provides heat to 40 per cent of Pavlodar residents.

Bektenov highlighted the significant importance of the existing aluminium cluster, stating that it plays a crucial role not only in the Pavlodar region but also holds considerable importance for the entire republic. During his visit, the Prime Minister also acquainted himself with the operations of the Kazakhstan Electrolysis Plant JSC, the flagship of domestic metallurgy.

This plant ranks among the top 10 globally for producing high-grade primary aluminium. Bektenov highlighted the potential of producing domestic products with higher added value, stressing the importance of increasing the degree of processing within the country.

At KSP Steel

At KSP Steel, Bektenov inspected the production workshops where seamless steel pipes, valves, and related products are manufactured for the oil and gas industry. He took a detailed look at the technological processes and examined samples of the finished products.

Currently, KSP Steel is the second most important enterprise in the region's steelmaking sector, employing over 4,500 people. One of the primary challenges the plant faces is achieving full production capacity.

The Prime Minister emphasised the government's current focus on creating favourable conditions for the full utilisation of domestic producers. He encouraged companies like KSP Steel to consider modernisation opportunities through necessary investments and direct contracts with consumers.

After the tour of the industrial facilities, Olzhas Bektenov emphasised the crucial need to enhance efforts to process raw materials further. He also instructed the full support of domestic enterprises to ensure a dynamic industrialisation of the economy.

Source: https://www.alcircle.com/news/prime-minister-olzhas-bektenov-visits-the-pavlodar-regions-key-enterprises-namely-aluminium-of-kazakhstan-109136

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Feb 7, 2026 17:24
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
Feb 7, 2026 17:24
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Feb 7, 2026 17:23
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
Feb 7, 2026 17:23
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Feb 7, 2026 17:23
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
Feb 7, 2026 17:23