The Kazakh automotive company Orbis Manufacturing plans to build a full-cycle plant in Almaty’s industrial zone to manufacture cars under the Chinese brand KAIYI. According to Orbis’s press service, a subsidiary of Orbis Kazakhstan signed a memorandum of cooperation with China’s Yibin Kaiyi Automobile Co. at the second Forum of Kazakh Exporters in Astana.
“We plan to invest about 72 billion tenge (~$160 million) in organizing the production of high-tech cars of leading Chinese brands,” commented the president of Orbis Kazakhstan, Sukhrab Mahmudov.
Orbis Kazakhstan emphasized that design and estimate documentation (DED) for the production line is currently being finalized. The plant’s production capacity is planned at 80,00 vehicles per year. It will initially create 1,500 jobs.
In May 2023 Orbis Kazakhstan signed an agreement with EXEED International, a premium brand of the Chinese automaker Chery, on the production of cars under the EXEED brand in Kazakhstan.
