News Center


16

2023

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03

Cooperation Framework Agreement Signed between AE and ASTANA Motors of Kazakhstan

The signing ceremony of the Cooperation Framework Agreement between AE and Kazakhstan Astana Motors Manufacturing Co., Ltd.(Astana Motors) was held in Tianjin on 14th of March,. On the basis of mutual trust, win-win results, and long-term cooperative development, the two sides plan to further deepen cooperation for project planning and design, with the achievement of providing modern automotive manufacturing plants, and promoting the high-quality development of Kazakhstan's automotive industry.

The signing ceremony of the Cooperation Framework Agreement between AE and Kazakhstan Astana Motors Manufacturing Co., Ltd.(Astana Motors) was held in Tianjin on 14th of March,. On the basis of mutual trust, win-win results, and long-term cooperative development, the two sides plan to further deepen cooperation for project planning and design, with the achievement of providing modern automotive manufacturing plants, and promoting the high-quality development of Kazakhstan's automotive industry.

 

 

Mr. Beknur Nessipbayev, the CEO of Astana Motors, and director Mr. Kit Mathew Simmons, Mr. Akylbek Anarbayev, GM of New Business Development, Mr. Maxim Tarassov, Manufacturing Director, and AE top management such as Mr. Dai Min, Secretary and Chairman of the Party Committee of AE, Mr. Jia Xijun, Deputy Secretary and GM of the Party Committee of AE, Mr. Chen Yong, Member and Deputy GM of the Party Committee of AE, attended the signing ceremony.

 

 

Astana Motors plans to build a project in Kazakhstan as a production base for passenger cars, mainly producing and manufacturing Chinese brand cars. Through many active and effective communications, AE finally won the recognition and trust of the owner with targeted solutions. The two sides had signed a project planning and design contract in early 2023.

 

Mr. Beknur led a delegation to visit the headquarters of AE and its R&D and manufacturing bases of Jinghai and Zhongbei automotive equipment from March 13th to14th. Under the hosting of Chairman Mr. Dai Min and Deputy GM Mr.Chen Yong, the two sides had in-depth exchanges on specific cooperation technologies and project construction, and reached a consensus on relevant principled issues. Astana Motors spoke highly of the service capacity of the automobile factory system in the whole cycle and industry chain of AE, and highly expected that AE could provide value for this project.

 

 

Astana Motor has become the largest automobile manufacturer and service provider in Kazakhstan with the highest market share over the past 30 years since its establishment. It has cooperated with more than ten global brand manufacturers, with a market share of over 30% in 2022. After the completion of this project, as Kazakhstan's first full-process and manufacturing system automobile manufacturing factory, it will greatly improve the level of Kazakhstan's automotive industry, and also receive high attention from Kazakhstan's leaders. As a witness to the friendship between China and Kazakhstan, the cooperation intention reached between AE and Astana Motor also conforms to the strategic orientation of the "the Belt and Road" initiative. It is expected that the two sides will work together to compose an era of mutual benefit and win-win cooperation in the future development of Kazakhstan's automotive industry.

 

Based on the principle of "long-term cooperation and common growth" and the signing of this cooperation framework agreement as the starting point, AE will perform in good faith, ensure delivery, and strive to build the project into a benchmark project in the field of "the Belt and Road" automobile factory construction, fully reflecting the win-win cooperation and coordinated development achievements of China and Kazakhstan.