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Uzbekistan starts production of mini-tractors
Tashkent, Uzbekistan (UzDaily.com) --
Uzbekistan launched production of mini-tractors in line with the license of LS Mtron of South Korea, deputy director general of Agromash Sanoat Invest Rustam Saydaliev said.
Agromash Sanoat Invest, a subsidiary of Uzavtosanoat, started assembly of tractors under TTZ LS brand at the production capacities of Tashkent Tractor Plant, he said.
Saydaliev underlined that the enterprise is planning to assemble 1,000 tractors of six modifications by the end of 2014.
LS Mtron and Agromash Sanoat Invest signed the a contract on strategic partnership in December 2013. The contract envisages that some 24,570 mini-tractors will be produced in Uzbekistan in 2014-2018.
The cost of the contract is about US$500 million. The South Korean firm will also supply manufacturing technologies, which will allow the state-run agricultural machinery company to localize parts production for the tractors.
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