Currency rates from 18/07/2025
$1 – 12658.19
UZS – -0.79%
€1 – 14672.11
UZS – -1.0%
₽1 – 161.44
UZS – -1.16%
Search
Economy 13/09/2018 Minsk Tractor Plant and companies of Uzbekistan sign contracts worth US$15 million
Minsk Tractor Plant and companies of Uzbekistan sign contracts worth US$15 million

Tashkent, Uzbekistan (UzDaily.com) -- The Minsk Tractor Plant signed contracts worth US$15 million within the framework of the Uzbek-Belarusian business forum for business and regional cooperation in Tashkent.

The general director of the enterprise Feodor Domotenko said that the contracts for 2019 are concluded for at least US$15 million, BelTA reported.

The Minsk Tractor Plant will supply finished products, vehicle kits and spare parts to Uzbekistan.

He said that at the business forum representatives of the Minsk Tractor Plant will also discuss the creation of an assembly production of caterpillar machinery with the Uzbek partners.

The Minsk Automobile Plant is considering the issue of assembling the company’s machinery in Uzbekistan, said MAZ CEO Dmitry Katerinich.

"During the first half of the year the plant supplied products to Uzbekistan for US$1.4 million. It is planned that during the business forum contracts for another US$2.5 million will be signed. 50 units of equipment will be delivered in 2018," he added.

"Now we are engaged in the certification of our cars, this will open the way for the chassis, which will then go here for the construction of special, communal equipment, cranes. In this direction we will cooperate with local producers," CEO added.

In addition, MAZ is looking for a partner in Uzbekistan to organize the production of special equipment. Already scheduled negotiations, the company expects that this task will be solved.

Stay up to date with the latest news
Subscribe to our telegram channel