Tokayev highlights Qarmet's turnaround and future investment in modernization

President Kassym-Jomart Tokayev met with the Qarmet enterprise team, noting its significant contribution to regional development. He highlighted the company's successful turnaround from multi-billion tenge losses to a net profit last year, attributing this to cost optimization and investment. A $3.5 billion modernization program is planned by 2028.

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