"Kazakhstan needs a strong, technologically advanced industry capable of successfully competing in global and especially regional markets"

Kassym-Jomart TOKAYEV,

President of the Republic of Kazakhstan

As part of the execution of the instructions of the Head of State to improve the efficiency of work in attracting investments to the region's economy, constant work is underway to implement investment projects.

The industrial zone, which has been operating in Kostanay since 2014, has become a key driver of the region's development. This site is provided with all the necessary ready-made infrastructure, including the main gas pipeline, water supply, sewerage, communications and electricity supply networks.

Currently, 7 projects worth 97.4 billion tenge have been launched in the Industrial Zone of Kostanay with the creation of more than 1.0 thousand jobs, a significant part of the projects have been implemented in the field of agricultural machinery. 9 more projects worth 348.5 billion tenge with the creation of 3.9 thousand jobs are at different stages of implementation.

At the same time, it is necessary to note the launch and implementation of new key projects in the Industrial Zone.

So, in 2024, in the field of metallurgical production, KamLitKZ LLP launched a cast iron casting plant, whose activities are aimed at casting products and components made of gray cast iron, these are blocks and cylinder heads. The production meets all modern requirements, has a high level of automation and energy efficiency.

The project cost is 78.2 billion tenge, with a production capacity of 45 thousand tons of castings per year and the creation of 500 jobs.

In addition, KamLitKZ LLP, as part of the continued development of the enterprise's cluster, plans to launch 2 projects in the field of metallurgy this year: the production of main gears for driving axles and in-depth localization of the production of drive axle beams for trucks, with a production capacity of 74 thousand gearboxes and 90 thousand beams for trucks per year, the total volume of investments of 160.5 billion tenge with the creation of 650 jobs.

In addition, in the mechanical engineering industry, in 2024, the production of cabins for Belarus tractors (MTZ Kazakhstan LLP), as well as the manufacture of bodies for vehicles (ambulances, paddy wagons, rapid response services - TEHNOPARK KZ LLP) began. By the end of the year, 250 cabs and 600 body units were produced. Serial production of springs for rolling stock has also been started since last year.

As a result of these projects, in addition to increasing production volumes, the range of products is expanding due to the emergence of a new product range.

Local authorities apply an individual approach to each investor in terms of communication.

Thus, in 2023, the implementation of one of the key projects in the automotive sector was launched in the Industrial Zone – the construction of a new KIA full-cycle car manufacturing plant, which will have a tangible positive effect on the economic development of the region and will contribute to an increase in export potential.

The volume of investments in the project is 90.0 billion tenge, with a production capacity of 70 thousand cars per year and the creation of 1,500 jobs. The plant is scheduled to be launched in the second half of 2025.

With the advent of such a large global concern represented by KIA Corporation, in addition to the production of cars, a revolutionary change is expected in the system of personnel training in the field of mechanical engineering, where a new generation of domestic engineers will be raised, and everyone knows that the human capital factor is a key component in the formation of a competitive economy.

Thus, the presence of Industrial Zones in the region allows investors to get convenient working conditions, including infrastructure, transport accessibility and other preferences. And the region is becoming attractive for attracting investors to key sectors of the real sector, which will eventually generate a multiplier effect in the form of budget revenues and the creation of new jobs, which will generally ensure economic growth for many years to come.

Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/966122?lang=kk