Car industry in Central Asia on the verge of a production boom
By Automotive Logistics2023-10-27T10:19:00
Localised vehicle production in Kazakhstan and Uzbekistan is likely to take off in the next few years as domestic demand increases and there are prospects for export to Russia
For years, Kazakhstan, like its neighbours, imported finished vehicles from Russia, but now the tables have turned. In 2024, the country plans to fully meet the domestic demand for finished vehicles, estimated at 150,000 units per year, Karabaev said. Although domestic sales are projected to double by 2030, the industry’s future will be tightly linked to export prospects.