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ASTANA (TCA) — The Eurasian Development Bank (EDB) and ASIA AVTO Kazakhstan have signed a loan agreement on financing a full-cycle car assembly plant being built in Ust-Kamenogorsk (Kazakhstan) in partnership with Russia’s AvtoVAZ, the Bank said. Continue reading
ASTANA (TCA) — Kazakhstan’s automakers continue to increase the production of cars against the background of market recovery. Last year 1,548 cars were exported, said Almas Batanov, the chairman of Industrial Development and Industrial Safety Committee of the Kazakh Ministry for Investments and Development, the official website of the Prime Minister of Kazakhstan reported. Continue reading
TASHKENT (TCA) — The Chinese company Changan Automobile Group intends to organize the production of electric vehicles in Uzbekistan’s Ferghana Valley, the Jahon information agency reports. Talks on the issue were held recently in the Ministry of Innovative Development of Uzbekistan. Representatives of the Chinese company expressed their intention to consider the possibility of building an assembly line for electric vehicles with prospects of production localization. Uzbek Deputy Minister of Innovation Development Atabek Nazirov expressed his readiness to contribute in every way possible to the promotion of this project, provide support and practical assistance in the dialogue with corresponding agencies and government institutions of Uzbekistan. The parties agreed on signing a memorandum of cooperation in the near future. In case of successful start of the project, at the first stage it is planned to invest about $15-20 million, create 100-150 jobs, and build an assembly line of more than a thousand electric analogues of Spark and Nexia cars per year. At the second phase, localization of production will be organized with attraction of capacities of the adjacent enterprises of the country, an increase in on-site and off-site jobs. In Uzbekistan, the company intends to focus on the production of modern cars with a hybrid engine or fully electric power unit. Earlier, Uzbekistan’s Uzavtosanoat automobile company announced plans regarding manufacture of electric vehicles. A special concept for the production of this type of car is currently being developed. The document will be ready within two months. In addition, the company’s management is negotiating with potential partners – manufacturers of electric vehicles. This process is anticipated to be completed within six months. This mid-summer, two samples of electric vehicles — Chevrolet Volt of American company GM and a car of the Chinese manufacturer JAC — will be brought to Uzbekistan for tests in the country. The plan is to arrange a run across Uzbekistan, starting in the Andijan region and finishing in Karakalpakstan.
TASHKENT (TCA) — The Asaka Automobile Plant of GM Uzbekistan has received the third degree of quality integration into production processes – the BIQ (Built-In Quality) III certificate, the Jahon information agency reports. Continue reading
ASTANA (TCA) — Belarus and Kazakhstan can step up cooperation in the oil industry, IT sector, manufacturing, agriculture, and transport, Belarus' Prime Minister Andrei Kobyakov said on August 13 at the opening of the Belarus-Kazakhstan business forum which was held as part of the Made in Belarus exhibition in Astana, BelTA news agency reported. Continue reading
TASHKENT (TCA) — In the beginning of 2019, Uzbekistan is to launch the production of ambulance cars based on France’s Peugeot Citroen technologies, the Jahon information agency reports. Continue reading
