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Alageum Electric is building the Asia Trafo plant in Shymkent, Kazakhstan, to produce transformers up to 300 tons, with total investment of 17.9 billion tenge. Construction is underway as of June 10, 2018.
Alageum Electric, through its subsidiary Asia Trafo, will build a new transformer factory in Shymkent, Kazakhstan, costing 17.9 billion KZT. The project is financed by the Development Bank of Kazakhstan and BRK-Leasing, and will create up to 220 jobs. Construction is to be completed in Q3 2018.
| Site | Largest | Latest |
|---|---|---|
| Shymkent, Kazakhstan | $52.0M | 2018-06-10 |