French Transnational Corporation Launches Production of Pumping Equipment in Kazakhstan

French Transnational Corporation Launches Production of Pumping Equipment in Kazakhstan

The forthcoming launch of a plant for the production of pumping equipment by the French company PCM, as well as further plans of the investor to expand activities in Kazakhstan, were discussed during the meeting of the Deputy General Director of S.A.S. PCM EUROPE” by Frederick Garde with the Chairman of the Board of “NC “KAZAKH INVEST” JSC Meirzhan Yussupov.

Founded in 1932 by Frenchman René Moineau, PCM specializes in high quality pumps for use in the oil and gas, mining and food industries. The company operates in more than 30 countries around the world.


“Kazakhstan is located in a strategically important region of Eurasia with a dynamically developing market for pumping equipment and is in the top 5 markets for the company's products. If before we specialized in servicing, now our main goal is to develop production with an increase in the share of localization and the possibility of exporting to neighboring countries. Our company manufactures products in Canada, Australia, China and other countries. In Kazakhstan, in addition to a large market, we were interested because of the state investment strategy, political and economic stability,” Frederic Garde said.

The French side was also attended by the Operations Director for Europe and the CIS S.A.S. PCM EUROPE" Bastien Limoges and General Director of LLP "PCM Kazakhstan" Berik Zhansat.


“According to the results of 2021, France is among the 10 main investors in our country. Gross FDI inflow from France to Kazakhstan reached $603.1 million last year. Since 2005, the total gross FDI inflow amounted to $17,453.5 million or 4.9% of the gross FDI inflow in Kazakhstan as a whole. It is gratifying to note that French companies are contributing to the dynamically growing machine-building industry,”  Meirzhan Yussupov emphasized.

The launch of the new PCM plant will take place on June 29, 2022 in Aktau. The enterprise will produce rodless screw pumps with a submersible inverter motor, multiphase pumps, pumps for other industrial sectors and the food industry (dosing, peristaltic, horizontal slurry pumps, etc.). To date, the total amount of investments has exceeded 5 million euros.


The national company KAZAKH INVEST carried out comprehensive work to localize the production of the French company in Kazakhstan, including assistance in choosing premises, interaction with government agencies, obtaining permits and information support.

The project was initiated by the Embassy of Kazakhstan in France and was implemented at all stages, with its active assistance.

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