Kazakhstan introduces new type of state support for automotive industry

ASTANA. KAZINFORM - New type of state support of automotive industry's investment projects worth USD 20 million has being implemented in Kazakhstan, Vice-Minister for Investment and Development Albert Rau reported at today's forum of Machinery.

photo: QAZINFORM

According to his words, at the present time there are about 100 state support instruments in the area. He also noted that following the first five-year plan of industrialization, Kazakhstan engineering sphere showed the best results. Vice-Minister said that by the end of the next five-year plan it is planned to produce about 200 thousand motor cars.