Kazakhstan Chamber of Commerce in the USA

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Kazakhstan seeks presence in potash market with $3.8 billion China investment

Posted on January 31, 2015 by KazCham

Business Intelligence from Colibri Law Firm: Issue #100

It is planned to establish three new ventures on production of potash fertilizers with a total capacity of over 7 million tons per year in Aktobe and West Kazakhstan regions. China would invest $3.8 billion in the development of Kazakhstan’s potash deposits and in fertilizer output, aiming to increase production to 7 million tonnes in 2025 from a current 1 million.

The total investment in the project is estimated at more than 3 billion US dollars. It is planned to create 5,100 new jobs until 2022.

The construction of the first complex in Aktobe region will begin in the second half of 2015, in the West Kazakhstan region — in 2016.

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