New Uzbek-Chinese joint venture UzXCMG started its work in Urgench city of Khorezm region of Uzbekistan.
The enterprise specializes at production of hydraulic excavators and construction materials, as well as providing maintenance services to them. It is expected that the part of them will be exported to the Central Asian states.
UzXCMG was founded by Xuzhou Construction Machinery Group Co ., Ltd. (XCMG) of China and Uzbekistan Temir Yollari.
The documents on creation of the joint venture were signed in September 2013, when the delegation of Chinese company paid visit to Uzbekistan.