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Household Appliances Factory in Saran
Project ID:
1305202510
Project Name:
Household Appliances Factory in Saran
Project Sector:
Industrial Manufacturing
Project Description
The project in Saran, Karaganda Region, is focused on establishing a modern manufacturing facility for household appliances under the Silk Road Electronics brand. The plant began operations in August 2024 and already produces a range of products, including water heaters, kitchen stoves, and vacuum cleaners. In April 2025, Samsung Electronics and Silk Road Electronics signed a strategic partnership to localize the production of Samsung televisions at the facility. The new line will include both current and premium models, expanding access to high-quality electronics in Kazakhstan and Central Asia. The first Samsung TVs are expected to reach the market in the second half of 2025.
The plant aims to achieve an annual capacity of 1.1 million units of home applinaces by 2027. The project is supported by the Industrial Development Fund and benefits from being located in the Saryarka Special Economic Zone. It contributes to import substitution, job creation, and the transfer of advanced manufacturing technologies to Kazakhstan.The factory produces products like electric water heaters, vacuum cleaners, kitchen stoves, mini-ovens, kitchen hoods, semi-automatic washing machines, and televisions. The facility aims to meet domestic demand and increase export capacity to other CIS countries.
Project Phase:
Procurement & Construction
Investment Value:
73 000 000 $
Location:
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Start Date:
11/24/2023
End Date:
12/31/2027
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Other important details
The factory is located on the site of a former RTI factory in Saran’s industrial zone.
The project is supported by a 4.2 billion KZT financing package from the Development Bank of Kazakhstan for working capital needs.
The plant’s main aim is to meet Kazakhstan’s growing demand for home appliances while expanding into regional markets.
Publication/Revision Date:
5/13/2025