Production of Hyundai trucks and buses will be established in Namangan

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May 26, 2018

Production of Hyundai trucks and buses will be established in Namangan

During the trip to Namangan region on May 2-3 this year, President Shavkat Mirziyoyev noted that in this region there are no large production enterprises and soon a project on construction of an automobile plant will be implemented here.

Twenty days after the trip, the first steps were taken to implement another major project in automotive industry of the country, Evergreen Motors CEO Kim Chang-keon arrived in the region to hold negotiations on the project.

Production of Hyundai trucks and buses will be established in Namangan
Production of Hyundai trucks and buses will be established in Namangan

At the presentation, which was held with participation of representatives of relevant spheres, information was given on the project, according to which the company will assemble trucks with a carrying capacity from 1 to 50 tons, as well as intercity, international and tourist buses, special vehicles.

At first, 8-20 cars will be produced a day, 1000 cars a year. Within three years, this figure will be brought to 3 thousand, that is 2 thousand trucks and 1 thousand buses. If in the beginning the spare parts will be imported from the Republic of Korea, in accordance with the localization program, the production of spare parts will be gradually mastered here in three years.

Production of Hyundai trucks and buses will be established in Namangan

Production of Hyundai trucks and buses will be established in Namangan

With introduction of this enterprise, about 100 new jobs will be created, and in the future it is planned to bring this figure up to 6 thousand.

Members of the delegation visited the sites recommended for construction of the plant, became familiar with existing conditions.