QazTrade continues to evaluate QazTrade Accelerator 2021 participants

On October 28, 2021, during a working visit to the Turkestan region, QazTrade General Director Azamat Askaruly visited the Kentau Transformer Plant (machine-building enterprise), a QazTrade Accelerator 2021 participant, and the new Turkistan Textile garment factory.

This year, Kentau Transformer Plant was selected as a participant in the QazTrade Accelerator Program for the Machine Building track focused on the Russian Federation market. It is a leading Kazakhstan's manufacturer of transformer equipment of wide application, supplied to all sectors of the economy, including the electric power industry, metallurgy, mechanical engineering, transport, oil and gas complex, housing and utilities sector. The plant's products are exported to CIS countries and Central Asia, and within the framework of the Program, the company aims to increase its export.

The enterprise presented the work carried out on the modernization of production. As a result, the share of Kazakhstan's content in equipment manufacture increased to 85%.

Also, during the trip, Mr Askaruly visited the Turkistan Textile garment factory, located in the Industrial zone of Turkestan. Turkistan Textile garment factory is a Kazakh-Uzbek joint venture, which employs about 1000 employees; the total investment in this production amounted to about 420 million tenges.

The main products of the factory are various types of uniforms (medical gowns, work clothes) and outerwear, men's and women's suits under the Ataman and Ramsay brands.

Azamat Askaruly noted that this year, the Ministry of Trade and Integration of the Republic of Kazakhstan, together with QazTrade, operator of non-financial measures to support non-commodity exports, within the QazTrade Accelerator Program 2021, are supporting light industry enterprises. In this regard, Turkistan Textile was invited to participate in the competition for the Program next year.

In addition, as part of the Program on taking companies to the Alibaba international platform, a number of Kazakhstan's light industry enterprises received the  "Gold Supplier" account, thanks to which they were able to start their export activities.