Today.Az » Business » Azerbaijan to become base for GAZ cars to enter new markets
11 February 2019 [11:47] - Today.Az
Russia regards the GAZ automobile assembly plant in Azerbaijan’s Hajigabul Industrial Park as a base for exporting to neighboring countries, Oleg Markov, GAZ Group LCV Division's Marketing and Sales Director, told reporters, Trend reports.
"This is a very significant event for us. We have always considered Azerbaijan as the key market in the South Caucasus," he said.
Markov said that there are prospects for the development of this enterprise in order to make it as accessible for customers as possible, and for the products to be as adapted to the needs and requirements of the market as possible.
"We hope that the existence of factories here will not only facilitate the opening of additional workplaces, but also strengthen the economy overall, help localize the products here, through the production of special equipment," said the director.
According to Markov, the meeting discussed issues of comprehensive cooperation between Russia and Azerbaijan.
The groundbreaking ceremony of assembly plant for GAZ cars was held in Azerbaijan's Hajigabul industrial area on Feb. 9.
The volume of investments in the enterprise will be 14 million manats. At the initial stage, 100 people will be employed at the plant.
The enterprise will assemble GAZel NEXT and GAZel BUSINESS light commercial vehicles, as well as GAZon NEXT medium trucks.
AzEurocar, a AzerMash subsidiary, will deal with the distribution and maintenance of GAZ vehicles in Azerbaijan.