BAKU, Azerbaijan, June 5. Representatives of
Spain’s Roca Group and the Chairman of the Investment Committee of
Kazakhstan’s Ministry of Foreign Affairs, Gabidulla Ospankulov,
discussed progress on the construction project of a sanitary ware
manufacturing and assembly plant in the Kyzylorda region, Trend reports via the Kazakh
MFA.
The project envisions the construction of the first facility in
Kazakhstan for the production and assembly of sanitary ware
products and accessories. Total planned investment amounts to 44.1
billion tenge (about $90.9 million), with an annual production
capacity of up to 500,000 units and the creation of around 300
permanent jobs.
During the meeting, the sides reviewed the current status of the
project and further implementation plans. Ospankulov highlighted
Kazakhstan’s investment support measures, including tax incentives
and broader advantages of the country’s investment climate.
The parties confirmed their commitment to continuing cooperation
and advancing the project’s implementation.
Minister of Industry and Construction Yersayin Nagaspayev and
Kyzylorda region Akim Nurlybek Nalibayev, together with Daniel
Hernandez, General Director of ROCA Kazakhstan LLP, a subsidiary of
Roca Group, signed an investment agreement on the project in
December 2025.
The conversion was made using the official exchange rate of the
National Bank of Kazakhstan as of June 5, 2026 (1 USD = 485.34
tenge).
