CEO of «Samruk-Kazyna» JSC (hereinafter-the Fund) Umirzak Shukeyev visited East Kazakhstan region, where he familiarized with several projects. Mr.Shukeyev held a meeting at the production site of «KEGOC» JSC in Semey with the participation of the general contractors involved in the construction of high-voltage line «North - East - South». Despite the task complexity, the first project stage in direction of «Ekibastuz - Shulbinskaya HPP (Semey) - Ust-Kamenogorsk» line will be completed ahead of schedule. Instead 2017, it will be completed this year.

According to the Chairman of the Management Board of «KEGOC» JSC Bakytzhan Kazhiyev, the company and its partners carefully analyzed working hours, terms of delivery of materials and equipment, and found an opportunity to accelerate the implementation of the first phase of the project. All construction and installation works will be completed this fall. Following  full testing  of equipment, the «Ekibastuz - Shulbinskaya HPP (Semey) - Ust-Kamenogorsk» line will be put into operation.

This will increase the network capacity, cover a deficit in the area of ​​electricity, as well as ensure energy security of the country. The cost of the first stage of the construction of the high-voltage line is 43.3 billion tenge. The funding is provided by “KEGOC” JSC.

The cost of the first phase of the construction of high-voltage line is 43.3 billion tenge. Funding is provided from JSC «KEGOC».

The Head of «Samruk Kazyna Real Estate Fund» JSC Baurzhan Mamytaliyev informed that the residential housing complex will be commissioned in the 3rd quarter of 2016.

In his words, the construction process meets all necessary standards and is in line with the approved schedule.