The head of state emphasized that the development of the auto industry is one of the key areas of Kazakhstan’s industrial policy.

Ho-sung Song told Kassym-Jomart Tokayev about the progress of construction of a full-cycle car production plant in Kostanay, which will be built in 2025.

More than 90 billion tenge of investments were attracted to implement the project. It is planned to create 1.5 thousand permanent jobs.

The design capacity of the plant will be 70 thousand cars per year, including 50 thousand cars will be produced using the small-unit assembly method, that is, with a higher share of local content.

Ho-sung Song also informed about the ongoing work to attract global suppliers of automotive components. In particular, an agreement of intent was signed to build an auto components plant in Kazakhstan.

The President welcomed KIA's decision to localize the production of auto components in our country, and also noted the need to train domestic qualified specialists for the development of the industry.

akorda.kz