Baiterek Holding drives Kazakhstan's manufacturing growth with key investment projects

     During a meeting of the government of Kazakhstan, Rustam Karagoishin, Chairman of the Board of Baiterek National Management Holding, showcased projects in the manufacturing sector that have secured financial support from the Holding.

     One of the most important projects is the construction of the Astana Motors multi-brand plant, which aims to create approximately 2,200 jobs and produce over 90,000 cars annually by 2025.

     Another project, KamaTyres in Saran, will manufacture tires for cars and trucks. It is expected to create over 1,100 jobs and produce 3 million tires for passenger cars and 500,000 tires for trucks, reducing reliance on imports.

     The third project is the Sastobe Innovation Complex for sodium cyanide production. When the plant is completed by 2025, it will create 300 new jobs and have an annual production capacity of 30,000 tons.

     “Currently, the Holding is developing additional support programs for projects in the manufacturing industry,” stated Rustam Karagoishin, Chairman of the Board of Baiterek Holding.