28.04.2022 in 13:50

Kazakhstan is open to cooperation and collaboration in the production of vehicles - Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan, on the expansion of the automotive industry

Due to new geopolitical and economic factors, many are wondering about the possibility of opening new sites. Kazakhstan is open to cooperation and collaboration in terms of the production of vehicles both at new and within existing production sites. Olzhas Saparbekov, Deputy Chairman of the Industrial Development Committee of the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan RK, assured this, speaking at a briefing in the CCS.
Kazakhstan is open to cooperation and collaboration in the production of vehicles - Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan, on the expansion of the automotive industry иллюстративное фото с сайта inform.kz

He also shared what prospects potential partners in the automotive industry can expect.

“For investors who decide to localize their production in Kazakhstan, benefits, preferences and other incentives are provided. It should be noted that in order to organize production and receive state support measures, it will be necessary to assume counter obligations to the state. According to the Law "On Industrial Policy", adopted last year, the conclusion of an agreement on industrial assembly is a confirmation that a legal entity of the Republic of Kazakhstan is a subject of activity in the field of production of vehicles. In order to conclude the Agreement, a potential manufacturer must meet the initial requirements of the localization scoring system, which includes requirements for production capacity, process equipment and production assets,” the speaker explained.