The Kazakh authorities have come to a controversial decision to revise recycling rates for…

The Kazakh authorities have come to a controversial decision to revise scrappage rates for imported cars by the end of February. It is planned that the fee will be significantly reduced or eliminated altogether.

This decision caused serious concern among foreign investors, especially the large Russian automobile industry. Over the past few years, Russian companies have been actively building their own factories and assembly shops in Kazakhstan, thus strengthening the country’s automotive industry.

Reducing or abolishing the scrap collection could bring the cost of imported used and new domestic cars to the same level, and there would be no point in developing the production of equipment in Kazakhstan.

However, Russian giants have already occupied an impressive part of the Kazakh market, so they
They hope that President Tokayev’s entourage will take their opinion into account and maintain conditions that will also contribute to the development of the Kazakh automobile industry.

https://www.rbc.ru/business/04/02/2022/61fcb7ad9a794737476ef7d1?from=from_main_8