Amkodor-Agrotechmash joint venture opens in Tashkent
Tashkent, Uzbekistan (UzDaily.com) -- Presidents Shavkat Mirziyoyev and Alexander Lukashenko opened a joint venture Amkodor-Agrotechmash, established on the territory of Tashkent Agricultural Machinery Plant, the Press Service of the President of the Republic of Uzbekistan said.
The project worth 33 million dollars will be realized in 2018-2021. At the first stage, which is officially commissioned today, will produce construction and agricultural excavators of 12 types. The degree of localization will be brought to 22 percent in 2019 and at least 50 percent in 2021.
The President of Uzbekistan noted the need for expanding the range and increasing the level of products localization. Emphasized that Uzbekistan has a favorable location for the delivery of agricultural machinery to the countries of our region.
The first excavators, descended from the conveyor of the joint venture, were demonstrated.