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ALMATY (TCA) — In January-May this year Kazakhstan’s automobile industry showed first signs of recovery, Novosti-Kazakhstan news agency reported with reference to the country’s union of automotive enterprises KazAutoProm. Continue reading
ASTANA (TCA) — Demand for inexpensive foreign-made cars will remain stable in Kazakhstan for several years, Andrei Lavrentev, the chairman of the board of JSC Group of Companies Allur (Allur Group) and president of the Kazakhstan Association of Car Business, said at the Kazakhstan International Automotive Forum in Astana on March 1, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website. Continue reading
BISHKEK (TCA) — A Kazakh delegation headed by East Kazakhstan province Governor Danial Akhmetov last week visited Kyrgyzstan and Tajikistan to discuss distribution of cars manufactured by Kazakhstan’s BIPEK AVTO-AZIA AVTO in these countries, the East Kazakhstan governor’s website reported. Continue reading
ASTANA (TCA) — China Machinery Company has so far invested $5 million in the production of JAC cars in the industrial zone in Kazakhstan’s northern Kostanai province, the province’s Governor Arkhimed Mukhambetov said at a briefing in Astana on February 16, the official website of the Prime Minister of Kazakhstan reported. Continue reading
DUSHANBE (TCA) — The demand for real estate, especially for housing, and motor vehicles has been declining in Tajikistan, Avesta news agency reported. Continue reading
ASTANA (TCA) — The Development Bank of Kazakhstan has allocated 11 billion tenge from the National Fund of Kazakhstan to support Kazakhstan’s car-making industry by lending to private individuals for the purchase of vehicles, the official website of the Prime Minister of Kazakhstan reported with reference to the Bank. Continue reading