Kazakhstan expands car production29 december 2014, 11:54
Car industry in Kazakhstan will reach 190 thousand cars per year by 2018, AllurGroup president Andrey Lavrentiyev said, Tengrinews reports citing BNews.kz.
During last week's teleconference with the President of Kazakhstan, the head of the group of car companies spoke about the new enterprises in Kazakhstan.
"With your support, a new car industry has been created. It produces $2 billion worth of products annually,” Lavrentiyev said addressing President of Kazakhstan Nursultan Nazarbayev.
“Assembly of five brands of cars has been launched in Kostanai. A full-cycle plant with a capacity of 120 thousand cars is being built in Ust-Kamenogorsk. Production of trucks and buses has been set up in Almaty Oblast. By 2018 the capacity of all these enterprises will reach 190 thousand vehicles a year. It will create about 20,000 new jobs, including those in small and medium businesses," Lavrentiyev declared.
"We have agreed with the French partners on CKD assembly of Peugeot, despite the difficult times in the global economy. With your support, Mr. President, we are increasing the localisation, training our personnel, doing everything possible for the development of the domestic auto industry," he added.
Nazarbayev noted that car industry in Kazakhstan was catching up with many foreign countries, but there was still room for improvement.
"I congratulate you on this huge undertaking, it is pleasant to look at, and we have finally caught up with major car producing giants in building cars and trucks. Everyone wants to work with us because we have created favorable conditions for business. It is necessary to do good marketing, improve quality and reduce costs. And I urge all Kazakhstanis to buy our domestic cars,” Nazarbayev stressed.
“Polish companies are also going to expand their presence in Kazakhstan, and it is very important. Congratulations on this happy big event for the entire country. I wish you all success," he said.
By Dinara Urazova