The Chinese company ECOMOTO has announced plans to become a joint producer of electric scooters in the Yangiyul district of Uzbekistan.
A memorandum was signed at a meeting between Odiljon Ataullayev, hokim of Yangiyul district and investors whereby the project will be funded by direct foreign investment of 10 million dollars and create 50 jobs.
The production of modern, competitively-priced electric scooters is expected to begin in the second quarter of 2025.
A metal construction plant, built by the Chinese company Da Fu which recently started operating near Yangiyul, will produce up to 500 tons of products per year.
