Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with Santiago de Gomar Roca, Chairman of the Board of Directors of Roca Group. The parties discussed the practical aspects of implementing a project to build a sanitary ware plant in the Kyzylorda region and prospects for further strengthening investment cooperation, primeminister.kz reports.
The project envisions the construction of a high-tech plant for the production of sanitary ware with a capacity of up to 500,000 units per year, including installation systems and other components. The production site will be located in the "Ondiris" industrial zone of the Kyzylorda region, where a land plot has already been allocated. The plant’s output will serve both the domestic market and exports to Central Asian countries. The total investment volume is estimated at €70 million. The project is expected to create around 300 new jobs.
Santiago de Gomar Roca noted that Roca Group views Kazakhstan as a strategic base for business development in the region. Roca Group is one of the world leaders in the industry, operating 78 plants with over 20,000 employees.
Kazakhstan is a logical choice for expanding our presence in Central Asia. We consider the country an industrial and logistics hub from which we can effectively serve the entire region. The country offers favorable conditions for manufacturing development, and we are confident that the project in the Kyzylorda region will become a significant part of our international strategy while contributing to the local economy," Santiago de Gomar Roca said.
Prime Minister Olzhas Bektenov emphasized that localizing industrial production is a top priority of the Government in strengthening the country’s economic structure. In this regard, Kazakhstan is actively working to create the best possible investment climate.
Under the strategic course set by President Kassym-Jomart Tokayev to ensure economic resilience, Kazakhstan is implementing a vigorous import substitution policy aimed at supporting domestic manufacturing and reducing reliance on external supplies. Kazakhstan and Spain are strategic partners. We see your company as a reliable partner and welcome the attraction of high-tech industries to foster deep industrial development. The Government will provide the necessary support to ensure the successful implementation of the project," Olzhas Bektenov stated.
As a result of the meeting, a Framework Agreement on the key principles of the investment project was signed between the Ministry of Industry and Construction of Kazakhstan, the Akimat of the Kyzylorda region, and Roca Group
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