Kazakhstan to Establish Auto Component Manufacturing Plants in Kostanay
Kazakhstan has announced the creation of auto component manufacturing plants in the Kostanay region, aimed at reducing imports and enhancing local engineering. The initiative includes a localization center and a plant focused on producing main gearboxes and other components. This move reflects the nation’s goal of strengthening its automotive industry and promoting economic development.
On February 18, Kazakhstan’s Central Communication Service announced the establishment of auto component manufacturing plants in the Kostanay region. This endeavor includes the launch of an Auto Components Localization Center, which aims to diminish reliance on imported auto parts while enhancing the local engineering sector. A key facility will focus on the production of main gearboxes and various automotive components, such as interior and exterior parts. This initiative is expected to improve the region’s industrial capabilities and attract further investment in the automotive sector.
In conclusion, the introduction of auto component plants in the Kostanay region signifies a pivotal move toward enhancing local manufacturing capabilities. By reducing dependency on imports, Kazakhstan is poised to strengthen its automotive industry and foster economic growth within the region. The initiative reflects the government’s commitment to boosting local engineering resources and expanding the automotive supply chain.
Original Source: www.marklines.com
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