Uzbekistan, Ashgabat, July 24 /Trend D.Azizov/
Uzbek-German JV MAN Auto-Uzbekistan has commissioned a new assembly line for trucks worth around $30 million in the Samarkand region, according a source in the leadership of the joint venture told Trend on Tuesday.
"Construction of the production is completed and the assembly line is commissioned," the source said.
The new production includes assembly, a paint workshop and a diagnostic area designed to produce up to 6000 trucks and chassis per year in a two-shift work organisation. The production capacity can be increased to 10,000 units per year in the long term.
It was reported earlier that German MAN Truck & Bus AG and Uzavtosanoat began constructing a new plant producing heavy trucks in the Samarkand region of Uzbekistan worth $59.38 million.
Dealership and service centres were constructed at the end of April 2011as part of the first stage of the project. The second phase of the project is the creation of a production assembly.
The manufacturing facility also provides for the release of cabins and supporting frames of MAN commercial vehicles for the full production cycle and the creation of capacities for building the full range of trailed and mounted equipment. The third phase of the project for the production of trailed and mounted equipment is scheduled for completion by the end of this year.
It is planned to create a production capacity to 20,000 units per year in the long term prospect. The project is financed by the founders of investments and credit resources.
The MAN Auto - Uzbekistan joint venture was established in August 2009 with a registered capital of three million euros. The share of the Uzbek side in the joint venture is 51 per cent with German backing at 49 per cent.