12 bln USD Mega Project in Metallurgy
- ProB2B.KZ
- Feb 28
- 2 min read
Project Name: East Hope Group Non-Ferrous Metals Production and Deep Processing Project
Project Description: East Hope Group (EHG), a leading Chinese conglomerate specializing in non-ferrous metals, plans to establish a vertically integrated industrial park in Kazakhstan. The project encompasses the construction of new production facilities in two regions, focusing on the deep processing of non-ferrous metals and the production of finished goods. Additionally, the development includes power generation facilities to support the industrial complex. The initiative aims to introduce advanced metallurgical technologies, bolster Kazakhstan's export capabilities to markets such as the European Union, Central Asia, and China, and create up to 10,000 new jobs.
Current Status: As of February 2025, an agreement has been signed between EHG and the Kazakh government. EHG has registered a subsidiary in Kazakhstan and is conducting site evaluations in various regions. Further details of the investment agreement, including specific cooperation terms and state support measures, are being finalized. invest.gov.kz
Start Date: To be determined upon finalization of the investment agreement.
End Date: To be determined based on project development timelines.
Investment Volume (in USD): Over 12 billion USD
Location: Two regions in Kazakhstan; specific locations are under evaluation.
Investor / Customer: East Hope Group
Company Details:
Name: Changjun Meng, General Director
Address: East Hope Group Headquarters, Shanghai, China
Phone: [Not publicly disclosed]
Email: [Not publicly disclosed]
Website: East Hope Group
General Contractor: To be determined.
Engineering Contractor: To be determined.
Other Important Details:
The project is strategically significant for Kazakhstan's industrial development, aiming to strengthen the country's position as a regional metallurgy hub.
The initiative is expected to attract additional investments and facilitate technological exchange.
The project will focus on export-oriented production, targeting markets in the European Union, Central Asia, and China.
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