The largest industrial park project with Xinfa Group participation planned in Kazakhstan
Chairman of the Management Board of NC "KAZAKH INVEST" Yerzhan Yelekeyev held a meeting with representatives of the Chinese corporation Xinfa Group, during which the prospects for implementing a major investment project to create an industrial park in Kazakhstan were discussed. The project envisions the construction of an integrated production complex in the Pavlodar region, covering the full cycle from resource extraction to processing and manufacturing of finished products.
Xinfa Group is one of China's leading industrial conglomerates, engaged in bauxite and coal mining, production of aluminum, alumina, power generation, chemical production, and metallurgy. In 2024, the company ranked 18th in the national rating of China’s largest private enterprises.
The potential investment project in Kazakhstan includes the development of mining operations (coal, bauxite, copper, fluorite, limestone), construction of metallurgical facilities for producing alumina, aluminum, and copper, creation of energy infrastructure including renewable energy sources, and the establishment of plants for producing soda, carbon materials, and eco-friendly construction solutions. The estimated investment volume is about $15 billion, and the total area of the future industrial park is expected to exceed 3,000 hectares.
Xinfa Group representatives reported that the company had already conducted a preliminary analysis of Kazakhstan’s resource base, including bauxite, coal, and copper deposits, and positively evaluated their industrial potential. Following the evaluation, Xinfa expressed readiness to proceed to the next stage of project implementation and start preparing the production infrastructure in Kazakhstan.
The meeting was also attended by Deputy Akim of Pavlodar Region Aigerim Kabyltayeva, where the project is planned to be implemented. During the discussion, she noted the region’s strong interest in hosting the industrial park and its readiness to provide necessary support in terms of infrastructure, energy, and connection to international logistics corridors.
Chairman of the Management Board of NC "KAZAKH INVEST" Yerzhan Yelekeyev, summarizing the meeting, emphasized the significance of the project for the development of Kazakhstan’s industry and confirmed comprehensive support:
"The Xinfa Group project reflects Kazakhstan’s strategic approach to attracting anchor investors into industry. This is not just the construction of a plant — it is the formation of a full-fledged industrial ecosystem integrated into global supply chains. KAZAKH INVEST will provide full support at all stages of the project. We expect that the project will not only create more than 10,000 jobs but also give a strong impetus to the development of related industries and the export potential of the region, as well as ensure sustainable demand for raw materials and technologies," he noted.
In the near future, the parties plan to conduct detailed feasibility studies, determine optimal sites for facility placement, and begin preparing the investment agreement.
