Azerbaijan, Uzbekistan Draft Auto Assembly Project (Exclusive)
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 5. Azerbaijani
company Azermash and Uzbekistan are actively working on a joint
project to organize the assembly of Cobalt cars using CKD (Complete
Knock Down) technology, an informed source told Trend .
According to him, the production volume of "Cobalt" cars is
designed to produce 15,000 cars per year, and its launch is
scheduled for 2025.
Within the framework of cooperation, production of Tracker and
Onix cars is also underway at the plant in Hajigabul city.
Meanwhile, the production capacity of passenger cars, trucks,
commercial and special-purpose vehicles, as well as buses in
Uzbekistan is more than 500,000 units per year. Uzbekistan's major
automobile manufacturing enterprises are UzAuto Motors, MAN Auto
Uzbekistan, SamAuto, and ADM Jizzakh. BYD electric cars are also
produced in the country.
The machine-building industry is also developing in Azerbaijan.
Large enterprises are Azermash, AzSamand, commercial and truck
plants in the cities of Ganja and Nakhchivan.
To note, an Uzbek-Azerbaijani business forum was held in
Tashkent on August 22. Following the talks, a portfolio of projects
worth $2 billion was formed.
Furthermore, on August 23, within the framework of President
Ilham Aliyev's visit to Tashkent, the heads of state met with
representatives of business circles of the two countries. As a
result of the meeting, seven projects worth $520 million were
prepared for launch.
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