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The First Joint Venture for the Production of Electric Vehicles Will Open in Tajikistan With the Participation of China


DUSHANBE, August 22. /TASS/. Tajikistan and China will create the first joint venture for the production of electric vehicles. The corresponding agreement was signed in Beijing as part of the official visit of Chairman of the Upper House of the Parliament of Tajikistan, Chairman of the city of Dushanbe Rustam Emomali to China, the parliamentary press service reports.

It is noted that the Tajik “Avesto Group” and the Chinese “Jinchuan” signed a document for $ 25 million. We are talking about the organization, creation and management of a joint venture for the production of electric vehicles in Tajikistan with an annual capacity of 1.5 thousand vehicles per year.

Earlier, the Minister of Industry and New Technologies of Tajikistan, Sherali Kabir, said that for the first time it is planned to organize the production of electric vehicles in the republic, and relevant negotiations are underway with companies from China and South Korea. According to him, about 90% of the raw materials needed for such production, in particular aluminum, lithium, nickel, silver, etc., are available in the country, and this is “a decisive argument in favor of starting the project.”

Avesto Group is a group of companies in Tajikistan that has created a number of enterprises, in particular, a plant for bottled drinking water, alcoholic and non-alcoholic drinks, a plant for the extraction and processing of granite, joint ventures with Turkey, China and other countries for the production of buses, household appliances, etc. .d. Jinchuan Group is a Chinese mining and metallurgical company engaged in the production of industrial equipment, the automotive industry, the construction of large facilities for various purposes, and the development of solar energy.

Emomali is in Beijing at the invitation of the Chairman of the Standing Committee of the National People’s Congress Zhao Leji, with whom he had previously met. During the visit, the Speaker of the Parliament also met with Chinese Vice President Han Zheng, member of the Politburo of the Central Committee of the Communist Party of China, Vice Premier of the State Council of the People’s Republic of China He Lifen and Mayor of Beijing Yin Yun.

Source: Fomag

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