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TASHKENT (TCA) — Uzbekistan's state-owned automotive company Uzavtosanoat on February 27 opened a new plant in the country’s Namangan region to produce bikes and motorbikes in cooperation with China's Lifan Group Co. Ltd, China’s Xinhua news agency reported. The plant, Norin moto bike, was a result of cooperation between Uzavtosanoat JSC and Lifan Group Co. Ltd, which will supply the components for the assembly of bicycles, Uzavtosanoat said in a statement. The plant, located in the Norin district of the Namangan region, is expected to produce 150,000 bikes per year at the initial stages and also plans to produce motorcycles, tricycles, scooters and mopeds in the future. The launch of the new plant has allowed the employment of more than 150 local people and in the future the number of employees may reach 500, according to the Uzbek company. The employees will also do an internship in China before starting to work at the plant. In August 2018, Uzbek President Shavkat Mirziyoyev spoke for the necessity of increasing bicycle production and popularization of bicycle use in Uzbekistan, which contributed to the creation of this Uzbek-Chinese project, Uzavtosanoat said. Uzavtosanoat is the largest automobile manufacturer in Uzbekistan. The company includes more than 85 enterprises and partners with more than 200 foreign enterprises and organizations. Today, Uzbekistan is a unique producer of total spectrum of light vehicles and commercial vehicles in Central Asia.
ASTANA (TCA) — On December 11 in Astana, Kazakhstan’s First Deputy Prime Minister Askar Mamin attended the signing of an investment agreement on sharing the capital (51%) of the largest Kazakhstani automobile manufacturer SaryarkaAvtoProm with Chinese transnational state company China National Machinery IMP & EXP CORP (a member of Genertec), the official website of the Prime Minister of Kazakhstan reported. Askar Mamin noted that this is a strategic project for the domestic automobile industry, which will increase the pace of development of the industry and export potential to enter foreign markets. The project is an important component of the Silk Road Economic Belt program and is included in the list of Kazakhstani-Chinese cooperation in the field of industrialization and investment. Genertec (China General Technology Group) is a Chinese state-owned conglomerate covering machine building, pharmaceuticals, engineering, construction and real estate, as well as technical consulting. The company's annual turnover is $31 billion. Export investment portfolio is $180 billion. China National Machinery IMP & EXP CORP is a major international designer, contractor for project management services and a service provider in the automotive industry, and is part of Genertec. As part of the development of the joint venture, the partners plan to increase production in the industry to 100,000 cars and the level of production localization up to 50%. The development of car assembly production in Kostanay (Kazakhstan) will allow creating new jobs in the automobile industry. Genertec Chairman Lu Yimin noted during the negotiations that the joint project will significantly deepen the localization of production, expand the brand portfolio and introduce the latest technology. Component suppliers will be selected on the territory of Kazakhstan and the EEU, and work will continue to ensure the quality service of automobiles to consumers. The total investment in the joint venture will be approximately $1.1 billion. Together with the Chinese partner and investor, in the framework of the development strategy of production in 2019-2021, it is planned to produce motor vehicles under the brands JAC, ANKAI, HOWO, and HANTENG.
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
