BAKU, Azerbaijan, October 22. An investment
agreement has been signed for the construction and launch of a
glass container manufacturing plant in Kazakhstan’s Aktobe on the
sidelines of the IX Kazakhstan Global Investment Roundtable
(KGIR-2026) in Shymkent, according to the Ministry of Industry and
Construction of Kazakhstan.
The agreement was signed between the Ministry of Industry and
Construction of Kazakhstan and Aktobe Steklo LLC in the presence of
Prime Minister of Kazakhstan Olzhas Bektenov and Minister of
Industry and Construction Yersaiyn Nagaspayev.
Total investments in the project stand at approximately $150
million, with a planned annual production capacity of around 256
million units of glass containers. The enterprise will be equipped
with modern sorting systems and secondary raw material recycling
technologies. The output will meet domestic market demand and be
exported to neighboring countries.
The agreement provides for the creation of at least 500 jobs
during the construction phase and about 300 jobs following
commissioning. Furthermore, the facility will establish a
continuous training system for Kazakhstani personnel in accordance
with international glass industry standards.
The government earlier reported that Kazakhstan signed 22
investment-related documents worth a total of $4.8 billion at KGIR
2026.
The documents cover a broad range of sectors, including
renewable energy, transport infrastructure, manufacturing,
logistics, healthcare, education, agriculture and digital
infrastructure. The package includes investment agreements,
memorandums of understanding, and a framework agreement for
projects across several regions of Kazakhstan.
