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The Ministry of Industry and New Technologies of Kazakhstan is planning to build an elevator plant in cooperation with a Chinese company in Kazakhstan, Tengrinews reports citing the Ministry's press-service. "The Ministry of Industry and New Technologies of Kazakhstan in cooperating with Chinese Shenyang Brilliant Elevator Co., Ltd is working on a project of setting up an elevator production plant in Kazakhstan,” the Ministry's press-service told KazTAG. The project's total amount of funding makes almost $60 million. It is expected to create 450-600 jobs. The localization level at the initial stages will make 50%, and later will be advanced to 70-80%. Kazakhstan already has a running elevator manufacturing plant with Belarus. The project is jointly run by Pavlodar-based Irtish-Lift and Belarus MogilevLiftMash. They have manufactured 252 elevators in Kazakhstan so far.
The Ministry of Industry and New Technologies of Kazakhstan is planning to build an elevator plant in cooperation with a Chinese company in Kazakhstan,
Tengrinews reports citing the Ministry's press-service.
"The Ministry of Industry and New Technologies of Kazakhstan in cooperating with Chinese Shenyang Brilliant Elevator Co., Ltd is working on a project of setting up an elevator production plant in Kazakhstan,” the Ministry's press-service told KazTAG.
The project's total amount of funding makes almost $60 million. It is expected to create 450-600 jobs. The localization level at the initial stages will make 50%, and later will be advanced to 70-80%.
Kazakhstan already has a running elevator manufacturing plant with Belarus. The project is jointly run by Pavlodar-based Irtish-Lift and Belarus MogilevLiftMash. They have manufactured 252 elevators in Kazakhstan so far.
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