
Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, met with representatives of the Spanish company Roca Group.
The group of companies manufactures sanitary ware and produces a full range of bathroom products.
The project includes the construction of the first plant in the country for the production and assembly of plumbing products and bathroom accessories.
The foundation stone for the plant in Kyzylorda was recently laid. The planned investment is 44.1 billion tenge, and production capacity will reach 500,000 units. Approximately 300 permanent jobs will be created.
During the meeting, the parties discussed the current status and plans for the further implementation of the project.
Gabidulla Ospankulov spoke about government support measures, including tax incentives, and the advantages of Kazakhstan's investment climate.
Following the talks, the participants confirmed their commitment to continuing dialogue and developing cooperation.
Previously, an Investment Agreement for the implementation of a project in Kazakhstan was signed between the Government of the Republic of Kazakhstan, Roca Group, and the Akimat of the Kyzylorda Region.
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