| Location: | Kostanay |
| Sector: | Industrial |
| Total cost: | $ 30 mln |
| Chinese partner: | YTO Group
|
| Kazakhstani partner: | Agromash Holding KZ
|
| Construction start: | 2018 |
| Putting into commission: | TBD |
YTO Group Corporation, a subsidiary of China National Machinery Industry Corporation Ltd (Sinomach) , was founded in 1955. It is one of the largest manufacturers of tractors, agricultural, construction and other machinery in China and worldwide. Although composed of many subsidiaries and divisions that manufacture a range of products including agricultural tractors, engines, combine harvesters and trucks, the company is best known for farming equipment. It has cumulatively produced more than 3.4 million tractors and more than 2.6 million diesel engines.
Agromash Holding KZ, a subsidiary of JSC Allur Group, is the only national producer of agricultural machinery and forage harvesters, including the ESSIL and NewHolland brands. The company has the largest services and sales network comprising 8 branches and 11 representative offices in Kazakhstan. The company has highly effective modern production capacities and well developed logistic infrastructure.
Chinese YTO Group Corporation invested USD 30 mln into agricultural machinery production in Kostanay, with a focus on the market of the CIS countries. [1] The equipment produced will meet the climatic and geographical conditions of Kazakhstan. The project will also contribute to the construction of service and trading centers. [2]