Leading Russian manufacturer of trucks KAMAZ will open a plant for the production of cast iron KamLitKZ in Kazakhstan, in the city of Kostanay. General Director of KAMAZ Sergey Kogogin, President of the Republic of Tatarstan Rustam Minnikhanov, Vice Minister of Industry and Trade of the Russian Federation Alexander Morozov and Prime Minister of the Republic of Kazakhstan Askar Mamin took part in the solemn ceremony of laying the stone for construction.
The new KamLitKZ plant with an area of 28 thousand sq. m will join the ranks of enterprises in the industrial zone of Kostanay in the framework of joint projects with KAMAZ. After reaching the design capacity, more than 40 thousand tons of cast iron per year will be produced here. Products include cylinder blocks, engine block heads and other components. The products will be supplied to KAMAZ. The amount of investment in the project is more than $ 200 million.
“We pin great hopes on joint projects with Kazakhstan and transfer a number of responsible positions to the area in Kostanay, on which depend the reliability, power and efficiency of KAMAZ equipment and, ultimately, the success of our consumers' business depends,” stressed Sergey Kogogin .
The construction of the most modern plant of its kind is part of a large work on reengineering and development of a new model range of KAMAZ. This is another step in the course taken by the company to produce cars of the K5 generation. The task assigned, among other things, to the future Kostanay plant is the production of a line of the latest Russian cars that will successfully compete and surpass flagship foreign trucks in consumer properties.
“Kazakhstan actively supports business that shares the country's desire to work together, design and implement new horizons for integration with our strategic partners. It is gratifying that the country will see production with the direct participation of such a strong figure in the world mechanical engineering as KAMAZ, ”said Prime Minister of Kazakhstan Askar Mamin.
A number of agreements were signed during the meetings. KamLitKZ LLP signed an investment contract with the Ministry of Foreign Affairs of the Republic of Kazakhstan, an agreement on the industrial assembly of components for vehicles with the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan, a financial lease agreement with the Industrial Development Fund. KAMAZ signed an agreement on the training of highly qualified personnel and cooperation in the field of research and development work with the Ministry of Education of the Republic of Kazakhstan, akimat of Kostanay region, Kostanay regional university named after A. Baitursynova.