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Wednesday, September 18th, 2019

Plant in Kentau production output reached 100 mln tenge in half year

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The State provide comprehensive support to entrepreneurs, as well as soft loans and grants. At the same time, the Industrial zone was established in the district, where many projects have been realizing within the program Road map of business 2020.

One of such plants is YugElectroPrivod, which was opened by Head of State Nursultan Nazarbayev in the last year during the all-nation space bridge on the achievements of the first half year of the Industrialization map.

The plant produced 3264 units of equipment during six months of the present year, in particular, disconnects and switches for a transformer, thus, made products accounting to 96,9 million tenge.

The plant which is the one of a kind in Kazakhstan, manufactures new types of products for transformers, this is, vacuumed switches. To construct the plant investments accounting to 828 million tenge were attracted, 20 additional work places were created.

In addition, to implement the project the land was given within the territory of the industrial zone as well as a subsidy on the interest of banking facilities within the program Road map of business 2020 was provided.

At the moment, the plant produces components for transformers’ output.

Source: Kazakhstan 2050

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