Turkish company considers investment in Kazakhstan

ASTANA (TCA) — Meetings of representatives of Turkey’s Dal Holding Investment Co. with the governments of Kazakhstan’s Aktobe and Zhambyl provinces were organized with the assistance of Kazakh Invest National Company for Investment Support and Promotion. During the meetings, Turkish investors expressed interest in implementation of two projects in agro-industrial and mining-metallurgical fields, Kazakh Invest reported on April 6.

Representatives of the Turkish company Dal Holding Investment met with the Governor of the Zhambyl oblast Askar Myrzakhmetov in Taraz.

During the meeting, the financial director, member of the advisory board of Dal Holding Investment Demirjan Kuse expressed his interest in participating in Zhambyl oblast’s project for the construction of an ore mining and processing enterprise for the production of barite concentrate at a cost of $54 million. The possibility of a full production cycle from extraction to enrichment of barite ores to 75,000 tons per year was discussed.

In Aktobe the company management of Dal met with the Deputy Governor of Aktobe oblast Serik Tulenbergenov. The parties discussed a phased implementation of the project on the construction of a greenhouse complex in the Aktobe oblast, providing it with electricity, heat and carbon dioxide from gas power stations. The planned total investment for this project is 650 million USD.

The government of Aktobe oblast is currently considering suitable options for land plots with an area of 200 hectares for the construction of the greenhouse.

The Dal Holding Investment Company was founded in 1985. It works in the cement, construction, energy, chemical and mineral resources fields.

Sergey Kwan


Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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