Minister Karimov attended meeting with Samruk-Kazyna Wealth Fund

4 June 2021, Friday

Prime Minister of Tatarstan Aleksey Pesoshin had a meeting today with representatives of the Samruk-Kazyna Sovereign Wealth Fund (Kazakhstan). The meeting took place as part of the events of the SPIEF’2021.

Aleksey Pesoshin said that recently the agenda of Tatarstan-Kazakhstan interaction has been very rich. 

Chairman of Samruk-Kazyna Almasadam Satkaliev, also noted that joint projects with Tatarstan were developing successfully.

Then the parties discussed the road maps of several investment projects being implemented by Tatarstan in Kazakhstan. In particular, they touched a project on establishment of tyre production by a joint venture of TATNEFT and Allure Group. Two months ago the construction of this new production facility was started in Sarani city of Karaganda District with Askar Mamin, Prime-Minister of Kazakhstan.

Nail Maganov, Director General of TATNEFT, briefly spoke about the steps in the implementation of this project. The production capacity will be 3 million passenger car tyres and 500,000 truck tyres. A total of 1,116 new jobs will be created. It is expected that the products will be sold not only in the Republic of Kazakhstan, but also to the Russian Federation and Central Asian countries.

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