ArcelorMittal Temirtau’s new investor to invest $3.5bn in the enterprise

Kazakh industry and construction minister Kanat Sharlapaev spoke of the obligations the new investor of ArcelorMittal Temirtau has assumed, Kazinform News Agency correspondent reports. 

The total amount of investment in the enterprise will be around $3.5bn in three years and will stand at over $1bn in the nearest future to improve its operational performance, said Kanat Sharlapaev while answering to the Kazinform News Agency correspondent at a briefing.

The minister also added that within the investment agreement with the new investor, obligations are provided to invest in the enterprise.