On Oct. 21, South Korea’s carmaker Kia opened its second complete knock-down assembly plant in Kazakhstan’s Kostanay, aiming to strengthen its position in Central Asia, Yonhap reported.
The official ceremony of the plant opening was attended by Kia President Song Ho-sung, Kazakh First Deputy Prime Minister Roman Sklyar, senior government officials and partner company representatives. Furthermore, President Kassym-Jomart Tokayev joined the event via teleconference.
The move marks an important step in developing the country’s automotive industry, stated the president, highlighting that the new plant will focus on boosting the share of local content in ready-to-use products.
Tokayev...