Kazakhstan aims to boost its petrochemical production from 357,800 tons in 2023 to 1.8 million tons by 2030, as detailed in the Roadmap for the Development of the Petrochemical Industry for 2024-2030. This roadmap was recently developed by the Ministry of Energy and approved by the Kazakh government, as reported by the ministry’s press service on October 14.

Source: AstanaTimes

The roadmap outlines measures ranging from securing raw materials to delivering final products, with the goal of enhancing the petrochemical sector and facilitating project execution by ensuring the availability of necessary resources for both ongoing and new initiatives.

It features six projects with a total investment of $14.7 billion, which are anticipated to generate about 3,500 permanent jobs and 16,000 temporary positions.

Additionally, the roadmap includes plans for constructing essential infrastructure in the National Industrial Petrochemical Technopark special economic zone. It aims to establish sales markets, encourage domestic consumption, strengthen the scientific base and human capital, and implement regulatory and technical documents to foster industry growth.