Hyundai Group Expands Kazakhstan Cooperation in Autos and Gas Infrastructure

  • Hyundai Motor agreed to produce the new Tucson in Almaty, while Hyundai Engineering signed a KGPP development intent with QazaqGaz.
  • The Almaty plant has annual capacity of 80,000 vehicles, and the planned KGPP would process 5 billion cubic meters of feed gas annually.
  • Kia will join a project for an independent Kazakh car brand, while Hyundai Engineering will work with SICIM’s Kazakhstan unit on construction and commissioning.

Hyundai Motor Group is expanding its Kazakhstan cooperation across vehicle manufacturing, electric mobility and energy infrastructure. Hyundai Motor signed an agreement to produce the new Tucson at its Almaty plant, while Kia agreed to cooperate on a government project to develop an independent national car brand. Separately, Hyundai Engineering signed a letter of intent with state-run QazaqGaz to develop the Karachaganak Gas Processing Plant through a consortium with SICIM’s Kazakhstan unit. The group plans to increase vehicle-production capacity, expand local auto-parts manufacturing and develop EV charging infrastructure, while Hyundai Engineering will lead design and procurement for the planned gas plant, which is intended to process 5 billion cubic meters of feed gas annually.

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