By Kamila Aliyeva
Kazakh car plant SaryarkaAvtoProm, located in Kostanay, started the production of Chevrolet NIVA cars from the car kits supplied from Tolyatti, Russia, GM AvtoVAZ reported.
GM AvtoVAZ and SaryarkaAvtoProm signed an agreement on delivery of car kits in January 2017.
Kazakhstan is one of the most important export markets for GM AvtoVAZ. The localization of car assembly will increase the competitiveness of Chevrolet NIVA in the Kazakh market, the company said.
GM AvtoVAZ is a joint venture in Russia, set up in 2001 by General Motors and Russia’s AvtoVAZ.
SaryarkaAvtoProm LLP is a new plant in Kazakhstan. It produces SsangYong, Toyota, Geely, Jac and Iveco cars.
The car production at the SaryarkaAvtoProm LLP is of great importance for the development of the domestic automotive industry, technology transfer and the creation of new jobs. The high-tech robotic equipment used in the production was purchased in leasing.
The funds for the purchase of accessories were allocated through a credit line opened by JSC Development Bank of Kazakhstan.