JSC Development Bank of Kazakhstan funded project for the production of primary aluminum in the Pavlodar region

/IRBIS, June 25, 2010/ - JSC "Development Bank of Kazakhstan" has funded the project for the production of primary aluminum in the Pavlodar region, said on June 24 press office of the bank. As stated in Pavlodar held the official opening ceremony of the plant for the production of primary aluminum in the Pavlodar region of 250 thousand tons per year of JSC Kazakhstan electrolysis plant with the Head of State Mr. N.A. Nazarbaev. JSC "Kazakhstan electrolysis plant is a 54 the investment project, the invoked involving investments of JSC" Development Bank of Kazakhstan. " The total project more than $ 1 billion, the amount of investment the Kazakhstan Development Bank is 400 million U.S. dollars. The project, along with economic and social effect has the focus at the plant is expected to create over 2000 jobs and increase income tax payments. This project is a step towards the formation of the aluminum industry in Kazakhstan for a further redistribution of aluminum output, "- stated in the message [2010-06-25]