News
04 September 2018

EDB to finance Kazakhstan's largest car production

Region:
Asia-Pacific

Eurasian Development Bank (EDB) has agreed a 10-year investment credit for a total of RUB4 billion with ASIA AVTO Kazakhstan to finance a full-cycle car assembly plant in Ust-Kamenogorsk, Kazakhstan. The first phase of the facilities, which are under construction, will manufacture 60,000 cars a year, with a technology park to produce car components to follow.

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