Construction Frontline
China invests $1.2 billion to build steel plant in Kazakhstan
Seetao 2026-04-03 15:32
  • This project will meet the market demand in Kazakhstan and enhance its industrial foundation
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China plans to build a large steel plant in Kazakhstan, with a total investment of approximately 1.2 billion US dollars and a designed annual production capacity of up to 3 million tons. The project is implemented with the participation of Fujian Hengwang Investment Co., Ltd. and is expected to create approximately 2500 job opportunities for the local area. The new steel plant will balance Kazakhstan's domestic steel demand and export market, helping to enhance the country's industrial strength.

Kazakhstan's Minister of Trade and Integration, Arman Shakariev, stated that cooperation with Fujian Province, an important industrial base, is of strategic significance. Kazakhstan's export products can more conveniently enter the southern Chinese and ASEAN markets through the Fujian port channel. Keywords: the Belt and Road News Network, Steel Plant Infrastructure

By 2025, the bilateral trade volume between Kazakhstan and Fujian Province will reach 522 million US dollars, and the two sides are also exploring localized cooperation in production projects such as textile manufacturing, lifting equipment, transformers, and synthetic fibers. At present, China has become one of the top five investment source countries in Kazakhstan, with a cumulative investment amount of 26 billion US dollars.Editor/Gao Xue

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