MINEX Forum

Tag: import substitution

  • Kazakhstan to Launch 200 Industrial Projects in 2026 Targeting KZT 1.5 Trillion in Import Substitution

    Kazakhstan to Launch 200 Industrial Projects in 2026 Targeting KZT 1.5 Trillion in Import Substitution

    Kazakhstan plans to implement a pool of 200 investment projects this year aimed at generating import substitution worth 1.5 trillion tenge, according to statements made at a board meeting of the Ministry of Industry and Construction.

    The flagship projects include new production facilities for mineral fertilizers, specialised machinery and ferrosilicon in the Zhambyl, Pavlodar and Karaganda regions.

    Once all projects reach full capacity, total output is expected to amount to approximately 2.3 trillion tenge. Of this, around 0.5 trillion tenge is projected for export markets, while 1.5 trillion tenge will contribute directly to import substitution.

    First Deputy Prime Minister Roman Sklyar instructed the ministry to accelerate the launch of the National Industrial Information System and to present a new model for the development of special economic zones within one month. He also tasked officials with expanding geological exploration to 2.2 million square kilometres and updating plans related to rare metals development.

    Earlier, citing a forecast by MINEX Kazakhstan, analysts noted that the country’s mining and metallurgical complex in 2026 will operate under the simultaneous influence of rising global metals demand and tightening domestic regulatory and fiscal conditions. According to the review, the sector is entering a phase of deep structural transformation.

  • Tajik Metallurgical Plant to Build Iron Production Facility Under Import Substitution Program

    Tajik Metallurgical Plant to Build Iron Production Facility Under Import Substitution Program

    ZAO Tajik Metallurgical Plant has signed an agreement with the government of Tajikistan to construct a new iron production facility, according to the Committee for Investments and State Property Management. The project will be implemented in several stages, with the first phase scheduled to come on stream in 2027 and the second to be completed by 2031.

    Once fully operational, the plant is expected to process up to 2.5 million tons of iron ore annually, producing around 1.1 million tons of iron concentrate. The project may also allow for the extraction of associated by-products.

    The source of raw materials has not been specified, though the Tajik Metallurgical Plant is located in the Sughd region, which is known for its rich iron ore resources. The area hosts the large Chokadambulak iron-bismuth deposit as well as other promising sites, including Tutli Kuduk.

    The investment project will be financed exclusively with domestic funds and is classified as part of Tajikistan’s import substitution program. At the same time, the company plans to supply iron ore concentrate not only to the domestic market but also for export.

    During the first stage of the project, the company expects to create about 1200 new jobs, with more than 800 additional positions to be added after the final launch.

    The announcement follows the recent commissioning of another metallurgical facility in Tajikistan, Aluminium Avvalin, which was launched last week.