President Kassym-Jomart Tokayev met with employees and trade union members of Qarmet during a working visit to Temirtau.
Tokayev noted the growth of the Karaganda Region’s economy and said heavy industry enterprises had produced goods worth 4.2 trillion tenge. According to the president, Qarmet recorded a net profit last year on total revenue of 1.1 trillion tenge. The company plans to invest $3.5 billion in modernization by 2028.
The president also said Qarmet had restored Temirtau’s tram service at its own expense and launched the Bolashaqqa Zhol program to train and employ young specialists. The first stage is expected to involve around 500 people from different regions.