Kyrgyzstan’s President Sadyr Japarov attended a ceremony on February 28th to launch the construction of an automotive assembly plant in the country’s northern Chui region.
The plant which will have the capacity to produce over 80,000 vehicles -electric, domestic, and commercial – is due to open in August this year.
A joint venture between the Kyrgyz government, local enterprises, and the China Hubei Zhuoyue Group, the first stage of the project has attracted investment of $115 million.
In his speech, President Japarov expressed the government’s confidence that the project will provide significant impetus to the development of the automotive industry in Kyrgyzstan and in turn, the creation of new jobs.
The Chinese Ambassador to Kyrgyzstan Du Dewen attributed the instigation of the project to a strategic partnership between the two countries. Thanking the Kyrgyz president for his personal attention and support, she expressed her hope that this project will exemplify a deepening interaction between Kyrgyzstan and China.
