Manufacturing in Kazakhstan
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KAZAKHSTAN, 2015/03/19
The Kazakh government is carrying out a number of measures to promote the development of its auto industry, which was significantly impacted by neighboring Russia's economic slump.
Kazakhstan will introduce privileges for the purchase of domestically produced cars starting from April.
The people will be able to buy cars at reduced interest rates - four %, and below six % leasing for legal entities, Almaty TV channel reported.
But these benefits will be applied only to vehicles produced in Kazakhstan. In order to support the domestic auto industry, the government allocated 20 billion tenge ($108 million), 15 of which are intended for individuals.
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KAZAKHSTAN, 2014/02/07
Kazakhstan's car industry plans to increase car production to 60,000 per year from 2014, Kazakh Industry and New Technologies Minister Investment Issekeshev said at an expanded board conference of the ministry.
"The ministry will pay appropriate attention to the development of national machine building in 2014. We plan to produce over 60,000 cars per year in the industry this year," the minister said.
The minister stressed that the plan is based on the integration processes in which Kazakhstan participates.
