At the meeting, prospects for investment cooperation in the development of the automotive industry and innovative technologies were considered.
Earlier, Dec. 11, 2018, an investment agreement was signed in Astana on sharing the capital (51%) of the largest Kazakhstani automaker, Saryarka AvtoProm LLP, of a transnational Chinese state company for the import and export of vehicles China National Machinery IMP. & EXP. CORP, a member of Genertec. The cooperation will significantly improve the development of the Kazakhstan car industry and improve cooperation in the Eurasian market.
According to the Ministry for Investments and Development, in 2017 the volume of production in the automotive sector amounted to 19,547 vehicles in the amount of 149.7 billion tenge, physical volume index in the sector – 139%. The increase in production compared to 2016 was due to the mass production of passenger cars by the beginning of the current year by 3.2 times, as well as an increase in the production of buses by 81% and special equipment by 52.6%. It should be noted that in 2017, the export volume of vehicles increased 6 times compared to 2016 (258 – by 1.4 billion tenge) and amounted to 1 548 worth more than 5 billion tenge.
According to the results of 10 months of 2018, the volume of production in the automotive sector amounted to 25,897 vehicles for 162.9 billion tenge. There is an increase in the production of passenger cars by 86% (24,155 units), trailers and semi-trailers 2 times (448 units).
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