# KEMZ to invest RUR 600 million in MAI-411 aircraft production

Concern KEMZ OJSC plans to invest over 600 million rubles to set up mass production of the MAI-411 multi-purpose four-seat twin-engine aircraft at its Kizlyar site.

- Type: Investment
- Announced: 2019-04-15
- Where: Kizlyar, Republic of Dagestan, Russia
- Value: $9.20M (600.0M RUB)
- Status: announced
- Products: MAI-411 aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Concern KEMZ](https://endata.com/companies/38728.md)

## Sources

- [riadagestan.com](https://www.riadagestan.com/news/business/kemz_to_invest_approx_rur_600_million_in_mass_production_of_mai_411_aircraft), 2019-04-15: "The creation of high-tech profitable production on assembling the multi-purpose four-seat twin-engine aircraft at the production site of Concern KEMZ OJSC requires investments in the amount of more than 600 million rubles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.