Junxin Group: Subsidiary signs investment agreement with the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan for the Almaty City Solid Waste Technology Disposal and Power Generation Project.

date
02/09/2025
JX Military Information Technology Corporation announced that its subsidiary JX Environmental Protection Co., Ltd. recently signed an investment agreement with the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan for the investment in the solid waste technology disposal and power generation project in Almaty, Kazakhstan. The two parties have reached a cooperation agreement on the investment in the solid waste technology disposal and power generation project in Almaty, Kazakhstan. The project plans to process a minimum of 2000 tons of municipal solid waste per day, with a minimum investment of 14.5 billion tenge. The project implementation period is 24 months, with the possibility of extension up to 6 months. The project's key indicators include a 60 MW power generation unit with emissions meeting the environmental standards specified in EU Directive 2010/75/EU. The successful implementation of the project is expected to have a positive impact on the company's future operating performance.