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NEWS AND EVENTS
May 25, 2012
Uzbekistan to produce 240 thousand passenger cars, 3,000 buses and trucks in 2012
In 2012, the automotive industry of Uzbekistan plans to increase sales to $3 billion. Experts predict output of 240 thousand passenger cars, 3,000 buses and trucks. MAN avto Uzbekistan plans to increase production of trucks and tractors to 1,000 in 2012. The plant for the production of power engines (1.2 and 1.5 liters) GM PT Uzbekistan, which was launched last year, will bring the output up to 300 thousand units.

This information was announced at the industrial fair of automotive industry, electrical and aircraft industries, standardization of products, which is part of the first phase of the 6th International Industrial Fair and Cooperation Exchange, by deputy head of JSC Uzavtosanoat Aziz Shukurov.

During the presentation of the industry, he noted that the level of containment by all models exceeded 50%. This result was achieved due to the successful work of 20 joint ventures that localized production of bumpers, seats, paint products, fuel tanks, harnesses, glass, etc.

In the framework of industrial cooperation for 2012 there were signed contracts worth 924 billion soums (official exchange rate 1 USD= 1868,65 UZS) with a growth rate of 25% compared with last year. Of the 98 suppliers of components and parts at the head car plant in Asaka, 76 are small business entities and private entrepreneurs. Expansion of production and supply of recycled raw materials and components, finished goods and the development of new products is fueled by the ongoing fairs of the industrial sector in the country, Aziz Shukurov said.

In addition to the companies that are part of Uzavtosanoat the industrial trade fair in Tashkent on was attended by enterprises of Uzeltehsanoat association, OJSC Tashkent Tractor Plant, JSC Aggregate Plant, JSC Chirchikselmash, SSC TAPOiCH, etc.

For the most complete picture of the technical and technological capabilities, agencies and business associations will organize presentations of their enterprises. The companies included in the program of localization receive incentives and preferences.

Until 2014, they are exempt from customs duties for imported technological equipment and spare parts and components not produced in the country. Another good incentive is the exemption from income tax, single tax, property tax in terms of fixed assets used for the production of localized products.

The released funds are directed on the creation of new facilities, and expansion, renovation, modernization, technical and technological re-equipment of existing ones, the introduction of quality management systems, funding research and development activities, was noted during the presentations. (Source: UzReport.com)


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