Peugeot Citroën Automobiles sets up car factory in Uzbekistan

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Peugeot Citroën Automobiles sets up car factory in Uzbekistan
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Peugeot Citroën Automobiles and Uzbek JSC Uzavtosanoat have signed an agreement on the establishing of a joint venture Uzbekistan PCA, the press center of PSA Group reports.




It is noted that, starting since 2019, the factory will produce up to 16,000 light commercial vehicles under the brands of Peugeot and Citroën. Car production will be located in Dzhizak free economic zone, 200 km from the capital city of Uzbekistan, Tashkent.

The company's authorized capital will amount to €30 million, a total investment will reach about €130 million.

“The light car segment was the only one free segment in the automobile market of Uzbekistan. This is a significant qualitative leap in the development of national automobile industry,” - the message reads.



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