July 6th, 2017
Jizzakh Region, Uzbekistan
Today, the Jizzakh Free Economic Zone (FEZ) hosted the ceremony of bookmarking of the “time capsule” in the foundation of the new production plant of JV "Uzbekistan Peugeot Citroen Automotive" LLC.
The framework of this project includes the construction of a modern production complex from scratch on a land plot of 45 hectares, which is believed to have a capacity of 16 000 vehicles per year. The plant is designed in cooperation with the experienced engineers of the French company, in accordance with the standards and requirements of PSA Group. The plant is going to be equipped with modern and technological production lines which will provide an automated production process and quality control in accordance with the highest European standards. The plant will be built by the local general contractor in the shortest possible time, under the supervision of the French partner.
With the launch of a new production facility in the Jizzakh FEZ and with the introduction of the modern light commercial vehicles by the European leader – PSA Group to the market, there is a huge potential for further development of industrial production, growth of the automobile market and a passenger and a cargo transportation which will pass to a qualitatively new level.
As previously reported, on May 16 of this year, an agreement was signed between SC Uzavtosanoat and the French company - PSA Group, to establish a joint venture for the production of light commercial vehicles in the full industrial cycle, under the brands of Peugeot and Citroën which are intended for the passenger and cargo transportation.
PSA Group will provide new technologies, modern production processes and staff training. The plant will function in accordance with modern systems by PSA Group for the management of production, quality, procurement, supply and sales systems. Also, the plans of the joint venture include ensuring the level of localization of at least 50% from the first year of production, by involving about 30 large and over 160 medium and small automotive components manufacturers of SC Uzavtosanoat in Uzbekistan
Information about the companies:
SC Uzavtosanoat was established in March 17, 1994. The company currently joins 75 large and medium-sized enterprises and companies, including companies with foreign capital and technology from South Korea, Turkey, Italy, Germany, Netherlands, USA and CIS countries. The main activity of the joint stock company is the production of passenger cars, buses, trucks and component parts. Total number of employees counts at more than 24 thousand, of which more than 5 thousand have been trained at the world's leading industrial companies. Find out more at uzavtosanoat.uz
Media contact: (+998) 93 505 6600
About Groupe PSA
With sales and revenue of €54 billion in 2016, the Groupe PSA designs unique automotive experiences and delivers mobility solutions that provide freedom and enjoyment to customers around the world. The Group has three car brands, Peugeot, Citroën and DS, as well as a wide array of mobility and smart services under its Free2Move brand, to meet the evolving needs and expectations of automobile users. The automobile manufacturer PSA is the European leader in terms of CO2 emissions, with average emissions of 102.4 grams per kilometre in 2016, and an early innovator in the field of autonomous and connected cars, with 2.3 million such vehicles worldwide. It is also involved in financing activities through Banque PSA Finance and in automotive equipment via Faurecia. Find out more at groupe-psa.com/en.
Media contact: (+33) 1 40 66 42 00