Tashkent: Uzbekistan's experience in the automotive industry is now being transferred to Azerbaijan. President Ilham Aliyev made this announcement at the third meeting of the Supreme Interstate Council of the Republic of Azerbaijan and the Republic of Uzbekistan.
According to Azeri-Press News Agency, President Aliyev stated that the experience gained by Uzbekistan in the automotive sector is now being implemented in Azerbaijan. He highlighted that the first project has already been realized, focusing on establishing a complete production cycle within the country. The investment planned for Hajigabul exceeds $80 million, signifying a substantial commitment to the development of Azerbaijan's automotive industry.
Additionally, President Aliyev mentioned that a second plant is under construction. This new enterprise is anticipated to significantly enhance the growth of Azerbaijan's automotive sector, demonstrating the collaborative effort between the two nations in advancing industrial capabilities.