The construction of a full-cycle plant for the production of Kia cars was launched in Kostanai. Roman Sklyar, First Deputy Prime Minister of the Republic of Kazakhstan, and Kumar Aksakalov, Akim of Kostanay region, took part in the official ceremony of launching the works. This was reported by the press service of the akimat of Kostanai region.

The production capacity of the new plant, where it is planned to create 1,500 high-paying jobs, will amount to 70,000 cars per year. About $250 million of foreign investments will be invested in the project.

As part of his speech, Roman Sklyar noted that Kia for the first time in history makes a direct investment in a joint venture and construction of the plant outside the Republic of Korea.

Construction work is expected to be completed in 2024, after which equipment installation will begin. In the first quarter of 2025, the plant will be piloted and the full production cycle will open in the second quarter.