Investing in the construction of plants aimed at import substitution of construction materials and equipment
The goal is to create its own competitive production of construction materials. Implementation of this programme contributes to further development of the construction industry and increasing the affordability of residential and commercial construction through import substitution and reduction of the cost of construction materials. The Company also plans to negotiate with international investors on opening of plants of building materials manufacturers in the territory of the Republic of Kazakhstan with the Company's participation.
Creation of import-substituting production facilities will reduce the cost of construction and, in the long term, will increase the volume and accessibility of residential and commercial construction.
Key Objectives:
- Contributing to reducing the cost of residential and commercial construction;
- reducing exposure to currency fluctuations through the use of local raw materials;
- Participation in the development of the country's manufacturing industry;
- increasing the number of jobs;
- participation in the stabilisation of the construction market in the country.
- The proposed measures will attract investors, provide markets and technology transfer, realise projects at the lowest cost and create new jobs.
Expected results:
- Infrastructure development;
- formation and achievement of a quality system aimed at supporting demand for construction materials;
- creation of new skilled jobs;
- modernisation of the technological base;
- improvement of efficiency at production facilities to achieve good competitive qualities in the global market.