Tag: social investment

  • Solidcore’s Ertis Hydrometallurgical Plant to Invest KZT 900m in Social Projects in Pavlodar Region

    Solidcore’s Ertis Hydrometallurgical Plant to Invest KZT 900m in Social Projects in Pavlodar Region

    Authorities in Kazakhstan’s Pavlodar region have signed a social memorandum with Ertis Hydrometallurgical Plant LLP, a flagship project of Solidcore Resources, outlining new investments in social and environmental initiatives.

    Under the agreement, the company will allocate approximately KZT 900 million toward socially significant projects in the city of Pavlodar. The funding will support capital repairs at three schools and two kindergartens, as well as broader improvements to the city’s social infrastructure.

    The memorandum also includes environmental commitments. As part of conservation measures, the project will finance the purchase of 65 units of specialised equipment for regional forestry and wildlife protection institutions.

    Vladimir Dudin, General Director of Ertis Hydrometallurgical Plant LLP, said the company aims to ensure that industrial development directly contributes to improving living standards in the region.

    “For us it is important to build a model of cooperation where industrial growth directly contributes to improving the quality of life for people. Social investment is not a one-time initiative but part of the company’s long-term strategy,” he said.

    Pavlodar regional governor Asain Baikhanov highlighted the importance of cooperation between government and business in achieving sustainable regional development.

    The Ertis Hydrometallurgical Plant is planned to become Kazakhstan’s first full-cycle facility for processing gold-bearing concentrates. The plant is scheduled to begin operations in 2028 and is expected to strengthen the country’s downstream processing capacity in the mining sector.

  • Kazakhmys to Invest Over KZT 20 Billion in Ulytau Region Development

    Kazakhmys to Invest Over KZT 20 Billion in Ulytau Region Development

    Kazakhmys Corporation will invest more than 20 billion tenge in social and infrastructure projects in Kazakhstan’s Ulytau region under a newly signed memorandum of cooperation with the regional akimat.

    The agreement prioritises investments in healthcare, education, infrastructure modernisation and urban development.

    Among the flagship initiatives is the establishment of Ulytau University, as well as the launch of Zhezkazgan’s largest mosque, a trauma care centre in Satpayev and the Namys sports complex with a 150-bed boarding facility.

    Urban improvement projects in Zhezkazgan will include the redevelopment of Zhasar Park, the Gharishkerler Boulevard and the embankment of the Kengir Reservoir. Renovation of the S. Kozhamkulov Theatre is also planned.

    A separate focus of the programme will be the modernisation of water supply, heating and energy infrastructure systems across the region.