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Economy 16/04/2024 ADM Jizzakh plans to increase its share in the Uzbekistan car market to 25%
ADM Jizzakh plans to increase its share in the Uzbekistan car market to 25%

Tashkent, Uzbekistan (UzDaily.com) -- ADM Jizzakh intends to increase its share in the car market of Uzbekistan to 25%, General Director Daniyar Davletiyarov told this in an interview with the Menimcha program on the Uzbekistan 24 TV channel.

According to him, the company’s goal is to increase ADM Jizzakh’s share in the Uzbekistan market to 25%. It was previously reported that in 2023 the company’s market share was 5.5%.

The plant currently produces cars under the Haval, Chery and Kia brands, producing 18 models, including two types of commercial vehicles.

Davletiyarov noted that in the future the company plans to launch production of national cars.

By 2027, ADM Jizzakh plans to start producing hybrid and electric vehicles. The company’s investment in production will amount to $550 million.

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