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Uzbekistan to produce Peugeot Expert and Peugeot Boxer vehicles


Uzbekistan Peugeot Citroen Automotive (UzPCA) will produce Peugeot Expert and Peugeot Boxer vehicles.

Currently, UzPCA is constructing production capacities on production of commercial vehicles in Jizzakh free economic zone. The construction of the plant started in July 2017. It will be commissioned in 2019.

Within the project, it is planned to construct the plant on production of light commercial vehicles with the capacity of 16,000 units a year.

Engineers of Peugeot Citroen are designing the plant in line with standards and requirements of the French company. Construction of the plant will be conducted by local general contractors under supervision of the French partners.

On 16 May 2017, Uzavtosanoat and Peugeot Citroen Automobiles S.A. (France) signed an agreement on establishment of a joint venture in the form of a limited liability company Uzbekistan Peugeot Citroen Automotive (UzPCA).

According to the presidential resolution, the authorized capital of the joint venture is 29.3 million euros. The parties also determined the conditions for implementation of the investment project “Organization of production of light commercial vehicles in Uzbekistan” with a total cost of 133.3 million euros.

The plant will operate in accordance with the Group modern systems in production, quality, purchasing, supply and sales. Furthermore, the joint venture considers at least 50% of parts localization in the first year of production, by attracting domestic component parts manufacturers - 30 large factories owned by SC Uzavtosanoat and more than 160 small and medium enterprises.

(Source: UzDaily.uz)