In Shymkent, QazAlPack LLP, a leading aluminum packaging manufacturer, has successfully implemented a large-scale expansion project with the financial backing of Industrial Development Fund JSC. This initiative included the acquisition of cutting-edge equipment that meets international industry standards, enhancing the company’s production capabilities.
The project was financed through a 7-year lease agreement with an annual interest rate of 9%.
As a result, the plant's production capacity has doubled—increasing from 1 billion to 2 billion aluminum cans per year. Meanwhile, the domestic market demand for such packaging is estimated at approximately 4.5 billion units annually, underscoring the industry's strong growth potential.
Aluminum packaging remains in high demand, particularly for long-term storage of soft drinks and other beverages. Its durability, sustainability, and recyclability make it the preferred choice for manufacturers worldwide.
Notably, between 2018 and 2022, beverage production in Kazakhstan rose by 124%, reinforcing the increasing need for advanced packaging solutions.
To meet this growing demand, QazAlPack LLP aims to supply both the domestic market and expand exports to Uzbekistan, Tajikistan, Kyrgyzstan, Russia, and Azerbaijan.
With the substantial boost in production capacity, supported by Industrial Development Fund JSC, the company will create 103 new jobs and contribute to higher tax revenues, fostering economic growth and industrial development.
