Kostanay Region, Kazakhstan to Host New Auto Component Plants

The Kostanay region in Kazakhstan will host new auto component plants aimed at reducing import reliance and enhancing local engineering. Notable initiatives include the Auto Components Localization Center and production facilities for main gearboxes. Kia plans to open a production plant in 2025, part of a strategy to increase localization in the automotive sector.

On February 18, Kazakhstan’s Central Communication Service announced the establishment of new auto component manufacturing facilities in the Kostanay region. This initiative includes the creation of an Auto Components Localization Center, aiming to reduce import dependency and strengthen the local engineering sector. Among the planned projects, a facility will be dedicated to the production of main gearboxes, further supporting the automotive supply chain.

Alongside these developments, significant discussions are ongoing between the Kazakhstan government and various automobile manufacturers, including Kia. Kia is slated to inaugurate a production plant in 2025, which is part of a broader strategy to enhance localization efforts within the country’s automotive industry. Further collaborations are also taking place between Kazakhstan and Chinese partners to explore strategic cooperation in the sector.

In summary, the Kostanay region’s new auto component manufacturing facilities are set to play a crucial role in decreasing import reliance while promoting the local engineering sector. The collaboration between the Kazakhstan government and various automotive manufacturers, including plans for a Kia production plant, demonstrates the commitment to advancing the automotive industry in the region. Significant partnerships and localization efforts reflect Kazakhstan’s strategic vision for strengthening its automotive supply chain and industry capabilities.

Original Source: www.marklines.com