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Sichuan Yinhe Chemical negotiates $500 million chrome plant in Aktobe

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Sichuan Yinhe Chemical negotiates $500 million chrome plant in Aktobe

Sichuan Yinhe Chemical Co., Ltd. is in talks to build a $500 million chrome processing plant in Aktobe, Kazakhstan. Company representatives have arrived in the region for negotiations. The project is being discussed at the regional leadership level.

The Negotiations

Representatives from Sichuan Yinhe Chemical Co., Ltd. have arrived in Aktobe to discuss the potential construction of a chrome processing plant. The project, valued at $500 million, is being negotiated with the regional leadership. Akim Aschat Shakharov met with the company's Executive Director, Tan Shuangquan, to explore investment opportunities.

Regional Investment Climate

Aktobe region is actively seeking foreign investment, with local authorities emphasizing openness to international business. The proposed chrome plant is part of broader efforts to attract significant foreign capital. The regional administration is prioritizing industrial projects to boost economic growth and employment.

What's Next

Further negotiations are expected to continue in the coming weeks. It remains unclear whether an agreement will be reached promptly.

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Sichuan Yinhe Chemical negotiates $500 million chrome plant in Aktobe