Kostanay Region Governor Kumar Aksakalov held a meeting with representatives of South Korean companies KK Solutions, Sinchang and Entech IAE. The investors presented a project based on coal gasification technology, aimed at strengthening cooperation and implementing new investment initiatives.
The project envisages the establishment of a urea production facility with an annual capacity of 57,000 tonnes. The total investment is expected to amount to USD 180 million.
During the meeting, the parties discussed the project's technical parameters, implementation timelines, sources of financing and the provision of the necessary infrastructure. These aspects will be examined in greater detail to advance the project.
Kostanay Region has significant economic, industrial, logistical and market potential, creating favourable conditions for attracting foreign investment.
In 2025, a Kia automobile plant with an annual production capacity of 70,000 vehicles was opened in Kostanay, creating 1,500 new jobs. In addition, Seoyeon E-hwa is implementing an investment project to manufacture automotive components, which is expected to create more than 170 jobs.
“We are ready to provide the necessary support for investment projects aimed at developing the regional economy, introducing modern technologies and creating new jobs,” the regional governor emphasised.
