Shipbuilding Plant
PROJECT ID
2606202601
SECTOR
Industrial Manufacturing
PROJECT PHASE
Initiation & Feasibility
LOCATION
Mangistau, Kazakhstan
INVESTMENT VALUE
$ 114 M
Active
Verified
Last Updated: 6 July 2026
Publication: 26 June 2026
PROJECT DESCRIPTION
The project involves the planned development of a new shipbuilding plant in Mangystau Region, Kazakhstan, in the Kazakh sector of the Caspian Sea. The initiative was publicly announced after a framework agreement was signed between Mangystau Region and Damen Shipyards Group during the Kazakhstan–European Union business forum in Brussels. The project is intended to create a modern shipbuilding production facility in the Caspian region. Its stated objective is to support the development of domestic industrial capacity and strengthen Kazakhstan’s maritime transport infrastructure. The investment value publicly announced by the regional authoriti... Read more
Involved Companies & Contacts
INVOLVED COMPANIES & CONTACTS
COMPANY 1 INFO
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COMPANY 2 INFO
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Location
Locations shown on the map are for indicative purposes and may vary from actual locations.
Other important details
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The plant will prevent the flaring of over 600,000 cubic meters of ferroalloy gas annually.
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It is part of ERG’s broader push toward environmental modernization, including wind power development in Khromtau.
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The EPD initiative will help enhance the international marketability and environmental credentials of Kazakh chrome.
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The power plant will use Best Available Techniques (BAT) in line with environmental standards.
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