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Russia’s KAMAZ company may launch production in Azerbaijan

Business Materials 13 February 2019 20:23 (UTC +04:00)
Azerbaijani Minister of Economy Shahin Mustafayev met with Director General of Russia’s KAMAZ OJSC Sergey Kogogin, the Azerbaijani Ministry of Economy told Trend.
Russia’s KAMAZ company may launch production in Azerbaijan

Baku, Azerbaijan, Feb. 13

Trend:

Azerbaijani Minister of Economy Shahin Mustafayev met with Director General of Russia’s KAMAZ OJSC Sergey Kogogin, the Azerbaijani Ministry of Economy told Trend.

Mustafayev stressed that the two countries are cooperating well in all areas and the expansion of ties testifies to the political will of the Azerbaijani and Russian presidents.

Mustafayev stressed that during Russian Minister of Economic Development Maxim Oreshkin’s visit to Azerbaijan several days ago, the foundation of GAZ automobile plant was laid in the Hajigabul Industrial Site, which is a joint project of Azermash company and the Russian GAZ group of companies.

“The discussions were also held in connection with the possible cooperation between the Ganja Automobile Plant and the Russian Kamaz and Ural plants,” he said.

An agreement was signed between KAMAZ OJSC and the Ganja Automobile Plant in February 2015. According to the agreement, Kamaz cars are assembled at the Ganja Automobile Plant.

Kogogin said that presently, Kamaz cars are produced in more than 80 countries and more than 40 Kamaz service centers operate in the CIS countries.

Stressing the attractiveness of the Azerbaijani market, Kogogin said that Kamaz OJSC is considering the possibility of producing agricultural equipment in Azerbaijan. Moreover, the regional service centers may be created for the new generation of Kamaz vehicles in Baku and the regions.

The possibilities of expanding cooperation, organizing the production of a number of spare parts in Azerbaijan were discussed during the meeting.

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