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Uzbekistan|business|October 21, 2024 / 05:04 PM
Chinese automaker FAW to build $100 million truck plant in Andijan

AKIPRESS.COM - A new truck manufacturing plant by Chinese automaker FAW will be established in Andijan, Uzbekistan, with an estimated investment of $100 million. The factory will be located in Ipak Yuli Free Economic Zone (FEZ) and is expected to produce up to 10,000 trucks annually, Kun.uz reported.

A delegation from FAW recently met with local authorities in Andijan to discuss the project. Following the discussions, the delegation visited the FEZ "Ipak Yuli" to assess the site designated for the new plant.

Construction of the facility is set to begin in November, with the goal of reaching full production capacity in the near future. The project aims to significantly boost the region's industrial output, particularly in the automotive sector.

In addition to the FAW truck plant, the administration is also overseeing the construction of a factory to produce air conditioners and air purifiers under the NAWAS brand within the same economic zone.

The FAW initiative follows the successful launch of the brand's first truck production facility in the Andijan Industrial Hub in September 2023. This initial joint venture, which involved UzAuto Trailer and Vodiy Universal Majmua, was completed with an investment of approximately $15 million.

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