Currency rates from 03/10/2024
$1 – 12757.94
UZS – 0.14%
€1 – 14125.59
UZS – -0.92%
₽1 – 135.06
UZS – -1.29%
Search
Economy 30/09/2010 Uzavtosanoat to realize localization programme for US$1.2bn
Uzavtosanoat to realize localization programme for US$1.2bn
Tashkent, Uzbekistan (UzDaily.com) -- Uzavtosanoat (Uzbek Car Industry) joint stock company is realizing localization programme of automobile industry with the cost of about US$1.2 billion, chairperson of the company Ulugbek Rozukulov said at the business-forum on developing realization of automobile components in Tashkent.

Gazeta.uz reported that the company pays great attention to wide-scale production and assembly of automobiles at the enterprises of the country and intensively carried out localization.

Ulugbek Rozukulov said that Uzbekistan will realize over 30 investment projects on this direction with total cost of US$1.2 billion soums in near future.

In particular, the automobile industry of Uzbekistan plans to launch production of engines, back axle, switching arms, radiators, conditioning system, ventilation and heating, muffler corpus, fuel pipes and pumps, etc.

The report said that some of the new capacities will be created on the base of Navoi free industrial-economic zone.

Stay up to date with the latest news
Subscribe to our telegram channel