The Kazakh automotive company Orbis Manufacturing plans to build a full-cycle plant in Almaty’s industrial zone to manufacture cars under the Chinese brand KAIYI. According to Orbis’s press service, a subsidiary of Orbis Kazakhstan signed a memorandum of cooperation with China’s Yibin Kaiyi Automobile Co. at the second Forum of Kazakh Exporters in Astana.
“We plan to invest about 72 billion tenge (~$160 million) in organizing the production of high-tech cars of leading Chinese brands,” commented the president of Orbis Kazakhstan, Sukhrab Mahmudov.
Orbis Kazakhstan emphasized…
