ArcelorMittal Temirtau’s new investor to invest $3.5bn in the enterprise

Kazakh industry and construction minister Kanat Sharlapaev spoke of the obligations the new investor of ArcelorMittal Temirtau has assumed, Kazinform News Agency correspondent reports. 

Kazinform
Photo: Rustem Aitkozhin/Kazinform

The total amount of investment in the enterprise will be around $3.5bn in three years and will stand at over $1bn in the nearest future to improve its operational performance, said Kanat Sharlapaev while answering to the Kazinform News Agency correspondent at a briefing.

The minister also added that within the investment agreement with the new investor, obligations are provided to invest in the enterprise.

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