DAL HOLDING INVESTMENT CO. SIGNED SEVERAL MEMORANDUMS OF UNDERSTANDING DURING KAZAKHSTAN GLOBAL INVESTMENT ROUNDTABLE 2018
Kazakhstan Global Investment Roundtable (KGIR-2018) was held in Astana under the chairmanship of Kazakh Prime Minister Bakytzhan Sagintayev.
During the Event, a number of Memorandums of Understanding was signed by DAL Holding Investment Co. in order to develop and promote certain investment opportunities in Kazakhstan.
One of the important Memorandums of Understanding signed is about building cement plants in several strategic locations in Kazakhstan.The capacity of each cement plant will be optimised to align with the strategy and projections of Kazakh Authorities, location and raw material availability. Each plant will be able to create job for more than 250 people and will meet the construction material demand of ever-thriving construction industries of Kazakhstan and neighbour countries.
In Agro-Industrial field, The Memorandum of Understanding signed between DAL Holding Investment Co. and Kazakh Invest is about high-tech greenhouse complexes with 200 Hectare area each (the DAL Greenhouse Project). The amount of the investment for each complex is estimated to be around USD 500 million. Each environmental-friendly complex will create jobs for more than 1.000 people and can have its own power plant to provide necessary electricity, heat and carbon dioxide. A considerable amount of the products produced in the complex will be exported.
The third Memorandum of Understanding was signed between DAL Holding Investment Co., Kazakh Invest and Governor (Akimat) of Zhambyl Region. Construction of 75.000 tons per year capacity mining and metallurgical complex to extract and process barite concentrate, which is crucial for petroleum and natural gas industry, is on the desk. DAL Holding Investment Co. with extensive experience in minerals and mining, intends to contribute to Kazakh development by realizing the Barite mine project near Taraz City, Zhambyl region which is located at the South of the Country. The feasibility works are undergoing with Taraz authorities. The estimated investment will be about USD 54 Million.