Kazakhstan plans to significantly boost household appliance production to increase exports to the Eurasian Economic Union (EAEU) market, reports infohub.kz.
Minister of Industry and Construction of the Republic of Kazakhstan Kanat Sharlapayev stated during a government hour in the Mazhilis that production in the mechanical engineering sector grew by 24.9% in the first quarter of 2024.
According to him, by 2025, targets include: increasing household appliance production to 360,000 units (of which Silk Road Electronics – 301,470 units, Almaty Household Appliance Plant – 60,000 units); passenger cars to 160,000 units (SaryarkaAvtoProm LLP – 110,000, Hyundai Trans Kazakhstan LLP – 50,000); passenger carriages to 100 units (ZIKSTO); locomotives to 120 units (Elekrovoz kuraystyru zauyty – 44 units, Lokomotiv kuraystyru zauyty – 90 units); platforms to 500 units (ZIKSTO); and gondola cars to 1,500 units (KVK).
“In the medium term, the industry faces the task of further developing the railway cluster in Ekibastuz, where existing production facilities have mastered almost the entire product line for railway transport and main railway lines, from small items to freight gondola cars,” said K. Sharlapayev.
According to the ministry, implementation of the cluster projects will bring the localization level in railway machinery, particularly in passenger carriage production, to 50% by 2030. Work is also underway to ramp up household appliance production (considering a $9 million deficit in the EAEU market) by attracting new investors, including Chinese company HKC Corporation and South Korea's Samsung Electronics (investment of 12 billion tenge, capacity up to 400,000 units) at the existing enterprise Silk Road Electronics LLP in the city of Saran.