Azia Avto, Kazakhstans car assembly plant, is going to implement a project on creating a car manufacturing cluster located in Ust-Kamenogorsk. It is said that about USD 514m would be invested in the project with the scheduled time of implementation by 2017. The project involves equipment for blanking, welding, painting, producing components and finished vehicles of up to 120thsd units per year. Established in 2003, Kazakhstans Azia Avto car assembly plant is the only operating car manufacturer in Kazakhstan. Azia Avto partners include the worlds leading companies such as, Volkswagen Group, General Motors, Renault-Nissan-AvtoVAZ as well as KIA Motors. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more