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Roman Sklyar's working trip to Tatarstan: Creating joint ventures and implementing investment projects

Thursday, 30 July 2020, 08:58:43

As part of the trip, Deputy Prime Minister of the Republic of Kazakhstan Roman Sklyar visited the cities of Nizhnekamsk and Naberezhnye Chelny, where issues of industrial and investment cooperation between the Republic of Kazakhstan and the Republic of Tatarstan were discussed.

During the visit, Roman Sklyar held bilateral meetings with the Prime Minister of Tatarstan Alexey Pesoshin, heads of large industrial and city-forming enterprises of KAMAZ PJSC, Tatneft PJSC, Nizhnekamskshina PJSC. The deputy head of the Government of Kazakhstan got acquainted with the production facilities, discussed the creation of joint ventures and the implementation of investment projects in the automotive and petrochemical industries, as well as the production of automobile and industrial tires.

In particular, Roadmap for Organizing Tire Production in the Republic of Kazakhstan was signed between PJSC TATNEFT and JSC Allur Group of Companies. The implementation of the project will create about 800 jobs and meet the growing demand for tires, localize production, and develop export potential to neighboring countries. At the same time, the production capacity will amount to 3 million tires for passenger vehicles, with the possibility of increasing to 3.5 million tires.

The Kazakh side noted that the issues of attracting foreign direct investment, the development of domestic industry and import substitution are the priority areas of the Government of the Republic of Kazakhstan.

Following the visit, the parties agreed to intensify work on the implementation of projects of bilateral trade, economic and investment cooperation.


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