More than T2 trillion in investments attracted to Ekibastuz

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More than T2 trillion in investments attracted to Ekibastuz

Tuesday, July 1, 2025
Source:ferro-alloys.com

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Keywords:Manganese Ore, Chrome Ore, Iron Ore Siliconmanganese, Ferrochrome, Ferrosilicon, SiMn, FeCr, FeSi

[Fellow]More than T2 trillion in investments attracted to Ekibastuz

[Ferro-Alloys.com] More than T2 trillion in investments have been attracted to Ekibastuz, the reports press service of the Prime Minister.

“The city is implementing 13 major investment projects with a total cost of about T2 trillion with the creation of over 9 thousand permanent jobs. Among the areas are the construction of metallurgical plants and the development of wind energy,” the report said on Wednesday.

On the instructions of the head of state, the creation of a metallurgical cluster has begun in Ekibastuz. The project plans to build enterprises for the production of ferrosilicon, direct reduction of iron and steel, which will employ more than 3 thousand people.

“Ekibastuz is actively developing its energy potential. Today, the total installed capacity of the Ekibastuz power hub reaches 5,000 MW, making it a strategically important power generation center. Taking into account the modernization of GRES-1, the reconstruction of GRES-2 and the construction of GRES-3, a significant increase in capacity is expected to cover growing needs and launch new production facilities," reads the report.

Ekibastuz. June 18. KazTAG

EkibastuzFerroAlloys LLP

Construction of a ferroalloy plant in Ekibastuz, Pavlodar region

Metallurgical industry

Funding status: On financing

Information about EkibastuzFerroAlloys LLP

Project Name	Construction of a Ferroalloy Plant in Ekibastuz, Pavlodar Region
Project Description	Construction of a Modern Ferrosilicon Plant in Ekibastuz with a Production Capacity of 240 000 tons per annum
Borrower Development Bank of Kazakhstan JSC	EkibastuzFerroAlloys LLP
Final Beneficiaries	Yerlan Zayrullayevich Nigmatullin, Shmagi Kemertelidze
Product	High-Grade Ferrosilicon (FeSi75)
Industry	Metallurgical Industry
Funding Status	Open
Region	Pavlodar Region
Project Financing Structure	Project Cost	92,2 bln ?
	Interest of Development Bank of Kazakhstan JSC, by currency of financing	72 bln ?
	Personal Interest of the Borrower	20,2 bln ?
	Interest of other creditors in the project financing	None
Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC	Financing Currency	KZT
	Type of Financing Instrument	Non-revolving credit facility
	Interest Rate	13,7%
	Loan Term	137 mon.
	Source of Financing	Own funds

[Editor:tianyawei]

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