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Economy 02/06/2010 Tashkent plans to create modern city taxi fleet
Tashkent plans to create modern city taxi fleet
Tashkent, Uzbekistan (UzDaily.com) -- Department of passenger transportation of Tashkent city administration with GM Uzbekistan CJSC developed a project on creation of modern city taxi fleet.

The project is aimed at improving quality of transport services, rendered to the population. Within the project, the sides are planning to create a fleet of specialized taxis on the base of Nexia and Lacetti car models, which produced at the plant GM Uzbekistan in Andijan region.

The cars were equipped with all necessary equipment, including taximeter and POS-terminals.

First examples of taxis of Chevrolet Nexia and Chevrolet Lacetti were presented in Tashkent on 1 June 2010 within the session of the Export Council of the UNDP Project “Business Forum of Uzbekistan” on issues of developing private city transportation service to population.

During the meeting, participants considered mechanisms on optimization of route network, current order of regulating private operators’ activities, improving taxation and financing of the sector.

Uzavtosanoat and South Korea’s Daewoo Motor created a joint venture - UzDaewoo Auto - on parity conditions with the charter capital of US$200 million. In 1996, the venture launched car production plant with the cost of US$650 million in Asaka city of Andijan region. The capacity of the venture is 200,000 cars per year.

In May 2005, Uzavtosanoat purchased 50% shares of Daewoo Motor in UzDaewoo Auto for about US$110 million. General Motors and Uzavtosanoat completed process of creation of GM Uzbekistan on the base of UzDaewooAuto in the end of March 2008. The charter capital of new venture is US$266.7 million.

General Motors owns 25% shares and plus one share in the new venture and it can increase its share up to 40%. Currently, Uzavtosanoat possesses 75% shares in GM Uzbekistan.

GM Uzbekistan increased car output by 5.1% year-on-year in 2009. In 2009, the company produced 205,011 vehicles.

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