Industry Figures Indicate Growth in Domestic Auto Manufacturing

Auto promIn 2013, about 38,000 cars and 2,290 trucks were assembled in Kazakhstan. Kazakhstan made cars now constitute 21 percent of all new car sales in the country, according to the Kazakhstan Auto Business Association.

“Significant results in the development of the auto industry were achieved with state support, especially through programmes developed and introduced by the Ministry of Industry and New Technologies. These programmes will give Kazakhstan’s automobile industry a better footing in both the Customs Union (CU) and in its accession to the World Trade Organisation (WTO),” said Association President Andrey Lavrentiev.

Thanks to state support, in 2013, the auto industry began a number of strategic projects, in particular, production of the Ssang Yong Nomad and Peugeot, as well as special vehicles from Hyundai. In Ust-Kamenogorsk, construction of a full cycle plant has started. Investments in the first phase of production (60,000 cars per year) are estimated at $233 million. Currently, at Saryarka Auto Prom, the Allur Group produces IVECO Power Daily commercial vehicles.

The association has indicated that it supports recent changes to tax legislation on the trade-in system (exchange of old cars for new ones), which allows VAT to be charged only on the difference between purchase price and sales price.

Get The Astana Times stories sent directly to you! Sign up via the website or subscribe to our Twitter, Facebook, Instagram, Telegram, YouTube and Tiktok!