ASTANA, Kazakhstan, August 14. Kazakhstan's KamaTyresKZ (tire production plant) plans to produce about 1 million tires by the end of 2024, Trend reports, citing the Ministry of Industry and Construction of Kazakhstan.
The plant signed the commissioning certificate on July 1. In the same month, about 30,000 tires were produced. Of these, about 29,000 units were for passenger cars.
In general, since March of this year, about 43,449 tires have been produced as part of equipment testing. Currently, tires for passenger cars are being produced under the Attar brand.
Meanwhile, the production capacity of the enterprise is 3 million passenger and 500,000 truck tires per year. The cost of the project is 228 billion tenge (about $478 million). Reaching full design capacity is expected by 2027.
Furthermore, Kazakhstan’s industrial production totaled 46.4 trillion tenge (approximately $102.5 billion) from January to December 2023, reflecting a 4.3 percent increase compared to 2022.
Production in the mining and quarrying sector reached 21.7 trillion tenge (around $47.9 billion), up by 4.6 percent from 2022. This sector accounted for 46.9 percent of total industrial production.
The manufacturing sector saw a 4.1 percent increase, reaching 21.6 trillion tenge (about $47.7 billion), covering 46.6 percent of total industrial output.