German investors ready to build waste treatment plant in Kazakhstan

German investors offer to build a waste treatment plant including by-products manufacturing in Taraz, Kazakhstan, Kazinform News Agency reports.

The lack of rubbish recycling plants has been one of the major problems since 2005. Attempts to attract foreign investors were in vain.

Representatives of AMK Global GmbH met with governor Yerbol Karashukeyev, akimat of Zhambyl region said in a statement.

ThiemeBieg & Associates GmbH consortium director general Torsten Thieme and the governor debated opportunities for the development of the waste treatment plant project with a capacity of 500 tons a day and creating 100 new jobs. The company plans to channel 140 million euros. It is expected to recycle up to 80% of the wasteof the city. Besides, it plans to produce by-products such as oxygen, nitrogen, compost, carbon fiber and aviation gas.

The governor said the city authorities and concerned state bodies will study the project in details and provide complete design maintenance.