ALMATY, Kazakhstan (TCA) — Turkish investors have completed the second phase of the project for production of high-quality fittings for PVC and aluminum systems in Kazakhstan’s Almaty region. Investment value of the second phase was $5 million. In 2019, the company started exporting its products to Central Asian countries such as Uzbekistan, Kyrgyzstan, Tajikistan, and Afghanistan, as well as to Azerbaijan, Kazakh Invest national investment promotion company reported.
According to the Turkish investors, the FORES plant’s production capacity increased from 1,000 tons to 3,000 tons of finished products annually. The area of the plant will be increased almost threefold — from 1,800 to 5,000 square meters. In the near future, the number of permanent jobs will also be increased from 100 to 150.
“Kazakh Invest is actively involved in attracting new investors. At the same time, the company pays great attention to reinvestments. Launch and consequent expansion of such investment projects demonstrates Kazakhstan’s favorable investment climate. To stimulate reinvestments, we help companies solve their problems,” said Daria Ovsyannikova, the deputy regional director of Kazakh Invest.
The FORES plant has a full production cycle. The plant is equipped with high-quality automated equipment. The production facility consists of 5 workshops: foundry, stamping — press and painting shop, as well as coating, packaging and assembly shops. Raw materials include alloys of ZAMAK metals and aluminum. Own materials account for 95%.
The product range includes impost connectors, aluminum windows, doors and interior handles, window and door hinges, and aluminum adjustable 3D hinges.