Kazakh President Kassym-Jomart Tokayev launched the construction of a multi-brand plant for the production of Changan, Chery, and Haval cars on Nov. 15 in Almaty during his working visit to the city.
Tokayev was presented a model of the future factory for the production of cars.
The completion of the facility is scheduled for the fourth quarter of 2024. The investment project worth more than 100 billion tenge (US$217.4 million) will produce at least 90,000 vehicles annually.
“This is a vital project for the country. I wish you success in its implementation. This year, during the visit of China’s President Xi Jinping to Kazakhstan, we discussed this project. Today we see the result – its implementation has begun,” the President said.
Reported by the Astana Times.