Kazakhstan: Gezhouba Cement Group Co Ltd plans to construct a cement plant in Shiyeli, Kyzylorda with partner Corporation Dan Ake to form the joint venture, Gezhouba - Shiyeli Cement. Construction of the 1Mt/yr cement plant will begin in February 2016 and create 400 new jobs.
Gezhouba Cement said that the region has created favourable conditions for investors and the implementation of joint projects. "Gezhouba Cement is known not only in China but also abroad. It is included in the list of the best companies for the production of cement. On 23 December 2014 an agreement for the implementation of joint projects in Kyzylorda was signed. We are grateful to the CEO of Corporation Dan Ake, Daulet Turlykhanov, for having helped to attract investors. In addition, our side will create all the conditions for the realisation of the project," said region Governor, K Kusherbayev.