Zhambyl region's enterprises signed long-term agreements
13:08, 9 June 2010
TARAZ. June 9. KAZINFORM /Galina Skripnik/ A Regional affiliate of Kazphosphate LLP has entered today into a loan agreement with HSBC Bank Kazakhstan SB JSC and ATF-Bank JSC on attraction of USD 50 mln. The document aims at implementation of the projects included in the Industrialization Map of Kazakhstan, namely, construction of a a new sulfuric acid production plant.
In addition, Zhambyl Kus LLP has signed an agreement with the representatives of German business. A joint Kazakh-German project is supposed to provide significant expansion of production, threefold increase in capacity of the plant, transition to high-technological production and completely non waste technologies. 250 people are expected to find jobs within the project's realization.
According to Director of Zhambyl Kus Maken Turmakhanbetova, the project has analogues in Kazakhstan .