KT&G Accelerates Expansion Plans in Eurasian Market by 2025

Business by 2FIRSTS.ai
Dec.17.2024
KT&G Accelerates Expansion Plans in Eurasian Market by 2025
KT&G plans to expand into Eurasian markets, accelerating construction of new factory in Kazakhstan, aiming for completion by 2025.

According to The Guru on December 17th, South Korea's tobacco company KT&G plans to enter the Eurasian market and is speeding up the construction of its new factory in Kazakhstan, aiming to complete it by 2025.


KT&G plans to increase its global sales to over half by 2027.


According to industry sources, construction of KT&G's new factory in Almaty, Kazakhstan is progressing rapidly, with completion expected to be on schedule by 2025, two years after groundbreaking. Since October of last year, KT&G has been establishing a production base in the region, occupying an area of approximately 200,000 square meters.


According to KT&G, after the completion of the new factory in Kazakhstan, it will serve as a "hybrid production base" for the overseas sales of e-cigarettes (NGP) and global cigarettes (CC) in Europe, the Commonwealth of Independent States (CIS), and other Eurasian regions. KT&G plans to expand its overseas business in order for more than half of its total sales to come from overseas, with the goal of achieving a global sales share of over 50% by 2027.


In 2023, KT&G's sales reached 5.8724 trillion Korean won, with a global business sales proportion of 33.4%.


Not only in Kazakhstan, KT&G is also accelerating the establishment of production bases in Indonesia. In September of last year, KT&G signed an agreement with the Indonesian Investment Ministry to provide investment support for the construction of the second and third factories in Indonesia. In April of this year, KT&G began construction of a new factory in Sidoarjo, East Java Province, Indonesia.


KT&G plans to gradually expand its e-cigarette production equipment in South Korea, focusing on the new plants in Daetan and Gwangju to ensure its e-cigarette brand "LIL" remains a leader in domestic and international markets.


KT&G stated that the construction of the production base in Kazakhstan is a significant investment towards becoming a top global company. The new factory in Kazakhstan will serve as a cornerstone in achieving the goal of 50% of global business sales.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

2Firsts | Dialogue Over Dogma: GFN Co-founder Paddy Costall Lauds Diversity of Voices at 2025 Event
2Firsts | Dialogue Over Dogma: GFN Co-founder Paddy Costall Lauds Diversity of Voices at 2025 Event
In a 2Firsts interview, GFN co-founder Paddy Costall highlighted that entrenched hostility toward industry voices has hindered progress in harm reduction. He urged a return to inclusive dialogue and science-driven strategies to improve public health.
Jun.23
Product Roundup | Nicotine Oral Films and Lozenges Featured at Dubai Vape Show
Product Roundup | Nicotine Oral Films and Lozenges Featured at Dubai Vape Show
As the event’s official media partner, 2Firsts conducted in-depth visits across the exhibition halls and observed that several brands launched nicotine oral films and other innovative oral products.
Jun.20
Thai police arrest Chinese national Ham in Bangkok, seize illicit goods.
Thai police arrest Chinese national Ham in Bangkok, seize illicit goods.
Thai police arrest Chinese national Ham in Bangkok, seizing e-cigarette components, pods, e-liquid, and ketamine. Alleged accomplices investigated.
Jul.31 by 2FIRSTS.ai
New FDA Chief’s 100-Day Report: Cracking Down on Illegal E-Cigarettes, Advancing AI Tools for Oversight
New FDA Chief’s 100-Day Report: Cracking Down on Illegal E-Cigarettes, Advancing AI Tools for Oversight
U.S. FDA chief Marty Makary marked his first 100 days in office by outlining key reforms aimed at speeding drug approvals and tightening oversight. The agency unveiled a “national priority review” program to cut drug review times from 10–12 months to as little as 1–2 months, and partnered with customs to seize nearly $34 million in illegal e-cigarette products. The FDA also piloted its first AI-assisted review and launched “Elsa,” an internal generative AI tool to modernize regulatory processes.
Jul.11 by 2FIRSTS.ai
Russia's State Duma to Ban E-Cigarette Sales Pending Legislative Proposal
Russia's State Duma to Ban E-Cigarette Sales Pending Legislative Proposal
Russia’s State Duma is prepared to support a full ban on e-cigarettes if the proposal comes from the government. Industry and Trade Minister Anton Alikhanov has voiced support, calling for a complete ban. Lawmakers have already drafted a bill targeting the circulation and production of e-cigarettes and related equipment.
Jun.04 by 2FIRSTS.ai
Product | Another Brand Joins the “Fog-Free” Trend: Hyperbar Launches ZeroFog Twin 50K
Product | Another Brand Joins the “Fog-Free” Trend: Hyperbar Launches ZeroFog Twin 50K
E-cigarette brand Hyperbar recently unveiled its “ZeroFog Twin 50K” on official social media. The device features a dual-tank design (13ml + 9ml) and claims up to 50,000 puffs. Its key feature is a one-click switch between regular and fog-free modes. The product was previously showcased at the Dubai Vape Expo.
Jul.21 by 2FIRSTS.ai