Fergana launches $170 million electric bus plant project
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Construction of a $170 million electric bus plant began in Fergana region's Yozyovon district. The project, with Chinese partners Xiang Yang Tenglong Automobile and GIG Investments, will produce 700 electric buses annually in its first phase. The plant is scheduled to launch in December 2027.
Key Facts
- The project is valued at $170 million and will be built on a 10-hectare site in the Ijodkor mahalla special industrial zone.
- The plant will have an annual production capacity of 700 electric buses in its first phase.
- The facility is scheduled to be commissioned in December 2027.
- Fergana region governor Khayrullo Bozorov attended the groundbreaking ceremony along with entrepreneurs, investors, and community representatives.
- Initial agreements for the project were discussed in March during a meeting between Bozorov and a delegation led by Xiangyang Tenglong Automobile chairman Wang Wenzjun.
Project Launch
The groundbreaking ceremony took place in the Ijodkor mahalla of Yozyovon district, Fergana region. Fergana region governor Khayrullo Bozorov, entrepreneurs, investors, community representatives, and veterans attended the event. Bozorov congratulated participants on the 35th anniversary of Uzbekistan's independence during his speech. The ceremony concluded with the laying of the foundation stone and the start of construction work.
Production Plans
The first phase will focus on electric bus production, with an annual capacity of 700 units. Electric trucks are planned for a later stage of the project. Products will be supplied to the domestic market and exported to foreign countries. The project is expected to boost Fergana region's industrial potential and create new jobs.
Partnership Background
The project is implemented in cooperation with Chinese companies Xiang Yang Tenglong Automobile and GIG Investments. On March 13, Fergana region governor Khayrullo Bozorov received a delegation led by Xiangyang Tenglong Automobile chairman Wang Wenzjun. The March meeting covered implementation of the project in Yozyovon district, production of high-quality export-oriented goods, and job creation. The parties also discussed production and localization of special vehicles for firefighting and household waste transportation.
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Fergana launches $170 million electric bus plant project
