Uzavtosanoat JSC and KazakhExport Export Insurance JSC sign cooperation agreement

AKIPRESS.COM - A cooperation agreement was signed between Uzavtosanoat JSC and KazakhExport Export Insurance JSC, as well as an agreement on the supply of car kits between SaryarkaAvtoProm LLP and UzAuto Motors JSC, the press service of the Kazakh Prime Minister reports.
The document was signed during the working visit of Prime Minister Askar Mamin to the National Automobile Pavilion, where he got acquainted with the plans for the development of the automotive industry of Kazakhstan for 2020.
At the end of 2019, the share of the automotive industry in mechanical engineering of Kazakhstan amounted to 26% (in 2018 - 19%), more than 50 thousand pieces of equipment were produced with a total value of about 360 billion tenge, and about 2.7 thousand cars were exported.
The share of Kazakhstani cars in sales increased to 59% (in 2018 - 49%), 4 of the 5 best-selling automobile brands in the Republic of Kazakhstan are of domestic production.
This year, Kazakhstan will begin production of over 10 new car models. In the short term, the total volume of automotive industry production is planned to be increased to 100 thousand cars, of which 10-15 thousand - to export to Russia, Kyrgyzstan, Uzbekistan, Tajikistan, Belarus, Azerbaijan and other countries. The Hyundai plant with a capacity of 45 thousand cars per year will be opened in Almaty. Automakers will take measures to increase the accessibility of cars to the public.