More than T2 trillion in investments attracted to Ekibastuz

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

  • 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
     
   

 

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