The Bowen HeraldThe Bowen Herald
  • News
  • Global News
    • Europe
      • France
      • Germany
      • Russia
      • Ukraine
      • Turkey
      • Balkans
      • Nordic States
    • North America
    • Middle East
      • Saudi Arabia
      • UAE
      • Qatar
      • Israel
      • Lebanon
      • Oman
    • Africa
      • North Africa
        • Sahel
        • Egypt
      • Central Africa
      • South Africa
    • Asia
      • China
      • Sri Lanka
      • India
      • South Korea
      • North Korea
      • Bangladesh
      • Indonesia
      • Afghanistan
      • Pakistan
    • South America
  • Defence
  • Economy
  • Op-ed
  • Science
  • Sports
  • Lifestyle

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Canada to send 4 combat-ready Leopard 2 tanks to Ukraine in the coming weeks

February 3, 2023

Republican and Democrat leaders urge Biden to add Nigeria to list of countries violating religious freedom

February 3, 2023

McCarthy Positive on US Debt Deal

February 3, 2023
Facebook Twitter Instagram
Trending
  • Canada to send 4 combat-ready Leopard 2 tanks to Ukraine in the coming weeks
  • Republican and Democrat leaders urge Biden to add Nigeria to list of countries violating religious freedom
  • McCarthy Positive on US Debt Deal
  • Top Republican says U.S.-China military war “extremely high.”
  • Canada appoints first representative to fight Islamophobia
  • Canada to repatriate 23 Syrians
  • Councillor requests Jordan Peterson event cancellation at Canadian Tire Centre.
  • Canadian woman admits delivering Donald Trump ricin poison.
Facebook Twitter Instagram
The Bowen HeraldThe Bowen Herald
  • News
  • Global News
    • Europe
      • France
      • Germany
      • Russia
      • Ukraine
      • Turkey
      • Balkans
      • Nordic States
    • North America
    • Middle East
      • Saudi Arabia
      • UAE
      • Qatar
      • Israel
      • Lebanon
      • Oman
    • Africa
      • North Africa
        • Sahel
        • Egypt
      • Central Africa
      • South Africa
    • Asia
      • China
      • Sri Lanka
      • India
      • South Korea
      • North Korea
      • Bangladesh
      • Indonesia
      • Afghanistan
      • Pakistan
    • South America
  • Defence
  • Economy
  • Op-ed
  • Science
  • Sports
  • Lifestyle
The Bowen HeraldThe Bowen Herald
Home » Kenes Rakishev and Monnet Group to build a new plant in Kazakhstan
Business

Kenes Rakishev and Monnet Group to build a new plant in Kazakhstan

By Enrique CollierJanuary 13, 2023No Comments13 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Twitter
Share
Facebook Twitter LinkedIn Pinterest Email

London. Ankara. Astana (5/1 – 34).


Kenes Rakishev, former special envoy of the Kazakh government and current chairman of Fincraft Resources signed a memorandum of understanding, as well as a shareholder agreement with the Indian holding Monnet Group on the establishment of a joint venture in Kazakhstan for the production of ferroalloys. The company was named TB Alloys Kazakh Limited.

The new plant is planned to be located in the industrial zone of the Taraz city. The company has already started pre-project work.

At the first stage, the planned capacity of the enterprise will be up to 50 thousand tons of ferrosilicon per year with a gradual increase in capacity up to 100 thousand tons.

Kenes Rakishev and Monnet Group to build a new plant in Kazakhstan.

“The implementation of the Fincraft Resources project together with Monnet Group will attract foreign investment into the economy of Kazakhstan, as well as create jobs in the city of Taraz. In accordance with the agreements reached, most of the investments in the project are provided by the Indian side, which indicates the investment attractiveness of the country’s economy and favorable conditions for foreign investors in Kazakhstan,” Kenes Rakishev, head of Fincraft Resources, explained.

In addition, the companies are discussing opportunities for cooperation in other sectors of the economy.

Monnet Group is a large diversified industrial holding with interests in mining, steel production, ferroalloy production, coal processing, energy, logistics, real estate, etc.

Kenes Rakishev, the majority shareholder of Fincraft Resources, also owns Fincraft Group LLP, which operates in seven countries around the world.

ferroalloys Fincraft Group LLP Fincraft Resources Kazakhstan Kenes Rakishev Kenges Rakishev Monnet Group
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Enrique Collier

Related Posts

Canada to send 4 combat-ready Leopard 2 tanks to Ukraine in the coming weeks

February 3, 2023

Republican and Democrat leaders urge Biden to add Nigeria to list of countries violating religious freedom

February 3, 2023

Canada appoints first representative to fight Islamophobia

February 2, 2023
Demo
Top Posts

Republican and Democrat leaders urge Biden to add Nigeria to list of countries violating religious freedom

February 3, 202325

Kenes Rakishev and Monnet Group to build a new plant in Kazakhstan

January 13, 202313

Canada to send 4 combat-ready Leopard 2 tanks to Ukraine in the coming weeks

February 3, 20235

Why the US declined to send Ukraine long-range missiles, tanks

December 23, 20225
Don't Miss
Featured

Canada to send 4 combat-ready Leopard 2 tanks to Ukraine in the coming weeks

By Carlton SimpsonFebruary 3, 20235

Defence minister says more tanks could be donated later but won’t say how many Canada…

Republican and Democrat leaders urge Biden to add Nigeria to list of countries violating religious freedom

February 3, 2023

McCarthy Positive on US Debt Deal

February 3, 2023

Top Republican says U.S.-China military war “extremely high.”

February 3, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
Facebook Twitter Instagram Pinterest
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact Us
  • Creative Commons
© 2023 The Bowen Herald

Type above and press Enter to search. Press Esc to cancel.