Car Industry - The Times Of Central Asia

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Kyrgyz-Uzbek Automobile Plant Imports Components from Uzbekistan

On July 5, Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Akylbek Japarov visited the northern Chui region to inspect the Tulpar Motors assembly plant, a joint Kyrgyz-Uzbek enterprise for the manufacture of Chevrolet and Isuzu vehicles. Construction of the plant began in May 2023 and the first car rolled off its assembly line in May 2024. Already in operation, the plant will be officially opened in July-August by the president of Kyrgyzstan. According to plans, within five years, the number of employees at the plant will reach 1,400 and the total investment in the project, will amount to $110 million. During the first year, Uzbekistan’s UzAuto Motors will invest $50 million in the assembly of 10,000 cars, beginning with the Chevrolet Nexia R3. At the initial stage, components will be provided by Uzbekistan but thereafter, will be produced inhouse to enable the Kyrgyz plant's manufacture of some 20,000 vehicles per year. During his visit, the head of the Cabinet of Ministers noted that the cars, trucks, and buses produced by the plant will meet the demand in Kyrgyzstan and be available for export to other Central Asian countries.

Investments Car Industry Industry Economy Export/import China Transport

Chinese Company to Build Automobile Plant in Uzbekistan for $1.5 bln

China Xiaou Group intends to launch a large automobile manufacturing complex in the Ferghana region of Uzbekistan, the Khokimiyat (regional authority) of the Ferghana press service has reported. The agreement on constructing a large automobile complex with China Xiaou Group for $1.5 billion, at the expense of direct Chinese investments, was signed during a visit by a delegation of officials and businessmen from the Ferghana region to China. It is reported that in the first stage of the project, a $50 million investment is planned to set up production lines for 60,000 electric, hybrid, and special cars per year. In the second phase, $350 million will be invested, and $1.1 billion in the third phase. Most of the components will be localized, and the number of cars produced will be increased to 110,000 per year. The project is planned to be fully completed within five years.

Foreign cooperation Innovative technology Strategic dialogue Critical minerals Agriculture Car Industry Foreign Investment Strategic Partnership Green Energy

Uzbekistan and Korea Forge New, High-Tech Agenda for Strategic Partnership

On 14 June, South Korean President Yoon Suk Yeol held talks with Uzbekistan President Shavkat Mirziyoyev. During their meeting in Tashkent, it was noted that the Republic of Korea is among Uzbekistan’s leading trade and investment partners. Last year, bilateral trade turnover reached $2.5 billion, and Korean investments in Uzbekistan now exceed $7.5 billion. Negotiations focused on the formation of a new, high-tech agenda for Uzbek-Korean strategic partnership over the next three years. As a result, the two leaders tasked their governments to prepare a Strategic Program for the creation of a regional high-tech hub in Uzbekistan, with priority given to the following “anchor” areas of the Strategy: Partnership on critical mineral resources with deep processing and creation of a complete added value chain. Strategic cooperation in the field of semiconductors, in which the Republic of Korea is recognized as a global leader, and the implementation of plans to create in Uzbekistan’s first fully-fledged research and production cluster of semiconductor products. Full-scale partnership in the chemical industry, including new projects to produce green hydrogen and ammonia, as well as finished rubber products. Deepening cooperation in mechanical engineering. This spring, an assembly line for KIA cars was launched in Uzbekistan’s Jizzakh region, to be followed next year, by a plant with the capacity to manufacture over 60 thousand vehicles per year. Transfer of technologies to develop “smart” agriculture, including via the digitalization of the agricultural sector, the introduction of “smart” and “green” technologies. Agreements have already been reached on the creation of modern greenhouses and garden complexes in Uzbekistan’s regions based on renewable energy sources. Infrastructure modernization and a program for urban development, based on the high interest of Korean banks and companies in the modernization of transport infrastructure, and the design and construction of residential and commercial real estate in Uzbekistan on the principles of public-private partnership. With regard to developing potential projects in green energy and increase energy efficiency, strategic dialogue is to be resumed between energy ministers and a meeting organized in Uzbekistan in the near future.

Uzbekistan Car Industry

Jizzakh, Uzbekistan Set to Manufacture 100,000 Cars per Annum

On April 8th, Uzbek President Shavkat Mirziyoyev inspected the ADM Jizzakh automobile plant where he was shown the new Kia Sonet, hot off the production line. Established in 2021 with investments of 234 million US dollars and the creation of 1.8 thousand jobs, ADM Jizzakh has assembled 36 thousand cars for Kia, Chery, and Haval over the past three years. The plant was recently expanded and furnished with cutting-edge technology, including 30 robots, imported from South Korea, Japan, and Germany. Operational since March, the upgraded facilities will provide the plant with a capacity to produce 100 thousand cars per annum. In addition to investing in equipment, the plant has also initiated a scheme to develop and maintain quality control. This year, specialists from South Korea, India, China, and Vietnam will spend time on site training employees and fifty of the plant’s engineers will receive advanced training in research and design centres in South Korea and China. Further to his visit, the president issued instructions for the plant to increase its production to 348 types of components between 2024-2027.

Kazakhstan Car Industry Automobile industry

Automobile manufacturing on the rise in Kazakhstan

NUR-SULTAN (TCA) — In 2018 Kazakhstan manufactured more than 32 thousand motor vehicles, Vice Minister of Industry and Infrastructure Development Amaniyaz Yerzhanov told a press conference on July 10, the official website of the Prime Minister of Kazakhstan reported. Continue reading

Uzbekistan Car Industry Automobile industry

Uzbekistan: President orders to increase car production

TASHKENT (TCA) — At a meeting on development of Uzbekistan’s automotive industry on July 8, President of Uzbekistan Shavkat Mirziyoyev ordered the country’s automobile manufacturing company to increase annual production from the current 250 thousand to 350 thousand cars by 2023, and to increase the export to at least 100 thousand cars per year, the official information agency Jahon reported. It was said at the meeting that over the past twenty-three years, the automotive industry of Uzbekistan has consistently developed and taken its position in the domestic and foreign markets. From October 1 this year, the benefits introduced for the industry will be canceled, and it will fully switch to the principles of a market economy. This, in turn, will require the introduction of modern management mechanisms, increasing the attractiveness and competitiveness of products manufactured by the automotive industry. In the first six months of this year, the volume of production in the Uzbek automotive industry grew by 54 percent compared to the same period last year. Products worth almost 73 million USD were exported, the share of domestically produced cars in the Uzbek market reached 97 percent. However, it was emphasized, with regard to the production localization level, the figures are disappointing. The localization level in the production of cars is 45 percent, for trucks and buses – 24 percent. Uzbekistan’s automaker JSC Uzavtosanoat has been tasked to increase the total production volume from the current 250 thousand to 350 thousand cars by 2023, as well as to increase the export to at least 100 thousand cars per year. This requires introduction of an advanced industry management system and optimization of production costs with involvement of specialists from foreign consulting companies. It was indicated that the cost of logistics for exporting a single car is 8-10 percent of its value, and therefore the tasks were defined for supporting the industry, including in the form of a partial reimbursement by the state of transportation costs for exports. The Ministry of Economy and Industry has been instructed to increase the level of production localization, in particular to launch domestic production of 22 types of currently imported components.