Log in  
Kazakhstan|business|December 5, 2015 / 01:08 PM
Paramount Group has opened new factory in Kazakhstan

AKIPRESS.COM - Paramount Group Paramount Group has opened a new factory in Kazakhstan with the capacity to build over 200 armored vehicles a year. It is the first armored vehicle factory in the country, defenceWeb reports.

The beginning of production coincided with a visit by President of Kazakhstan Nursultan Nazarbayev, accompanied by Minister of Defence Imangali Tasmagambetov, Chairman of Paramount Group Ivor Ichikowitz, and Chairman of Kazakhstan Engineering Yerlan Idrissov.

The 15,000 square meter facility will create 150 jobs and was built by the Kazakhstan Paramount Engineering (KPE), a joint venture between Paramount Group and Kazakhstan Engineering Distribution. The establishment of armored vehicle manufacturing in Kazakhstan follows the technology transfer and local manufacturing model championed by Paramount Group globally, and realized through strategic alliances with governments and strong local partners, Paramount said.

The factory has started the production of an indigenous version of Paramount’s Marauder armoured vehicle. The new winterised variant of the Marauder, called Arlan (Wolf), was designed and developed following extensive collaboration with the Kazakhstan military and rigorous trials to meet the specific operational requirements of the Kazakhstan military, Paramount said. The new factory will also produce the Mbombe 6x6 armored vehicle.

Related news:

Kazakhstan plans to export 50 armored vehicles to Jordan

All rights reserved

© AKIpress News Agency - 2001-2026.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

299/5 Chingiz Aitmatov Prosp., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Follow us:

Log in


Forgot your password? - recover

Not registered yet? - sign-up

Sign-up

I have an account - log in

Password recovery

I have an account - log in