Parasat Club Members Visit Hyundai Trans Kazakhstan Plant

The businessmen saw the whole car assembly process, following which Astana Group owner Nurlan Smagulov told in detail about development of the country’s motor industry.

Founded in 2022, the Parasat business club aims to unite businessmen from various economy sectors for effective cooperation. One of the club’s priorities is telling about new opportunities and achievements of the domestic business. The first site to be visited was Astana Group’s Hyundai Trans Kazakhstan car plant. The club members, active businessmen, got acquainted with car industry development, saw the whole manufacturing cycle and learned about the opportunities of cooperation with the plant.

Astana Group CEO Nurlan Smagulov sees his plant a major industrial cluster in the future, which will work closely with small and medium businesses. He invited the businessmen to cooperate with the plant that will order the making of various parts, thus gradually expanding the Kazakhstan content. This is the only way to maximize the localization of car making in Kazakhstan.

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“It’s very important for the Parasat club members to see how manufacturing develops in Kazakhstan. Each of us is good in their business. But that’s what the club is for — to develop networking. When we dive into other industries, we can see the big picture. This helps us take a fresh look at our business, find new solutions and scale up. The value of today’s meeting is that the Parasat club members have seen that the motor industry is our common business and there is a great opportunity to develop it. I’ve already seen our businessmen exchange business cards, make arrangements, listen to questions, discuss business areas. I hope small manufacturing sites will be set up that will contribute to enhancing localization and Kazakhstan content,” club founder and Forbes Kazakhstan editor Armanzhan Baitassov shared his impressions.

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The Hyundai Trans Kazakhstan plant has increased the output many times in less than three years, and now makes 50 thousand cars a year. Some cars are exported to CIS countries.

Earlier, Kazakhstan plant specialists have adopted CKD assembly by welding and painting of two models — Hyundai Accent and Hyundai Tucson, while today Astana Motors is negotiating with Hyundai Motor Company (South Korea) to convert another model from those manufactured by the plant to CKD assembly.

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The Parasat club members learned first-hand about the construction of the plant for making of Chinese brands Haval, Chery and Changan. The new multi-brand plant, which is six times bigger than the existing one, will be commissioned in Q4 2024 — Q1 2025. The plant will not only help create new jobs and increase tax revenues but also adopt latest car making technologies.

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More of such activities are planned for the near future. Marat Zhuman, owner of Atasu Group, one of Kazakhstan’s major logistics companies, invited the fellow members to his facility. The visit is scheduled for May 2023.

After the tour, the Parasat members got acquainted with a new club member — Dias Kameridanov, who had received a green card for free participation at the initiative of club co-founder Armanzhan Baitassov. Dias is on Forbes Kazakhstan’s 30 Under 30 list, author of the Unknown Kazakhstan (unknownkazak) blog.
Gaziza Gabi