The Minister of Economic Development of Russia, Maxim Oreshkin, told reporters that the establishment of the GAZ plant in Hajigabul, like other joint projects of Azerbaijan and Russia, benefits both countries.
The minister noted that the plant will provide about 1,000 people with jobs. At the same time, given the fact that a part of the components will be produced in the Russian Federation, this will provide additional growth for the Russian economy.
Oreshkin stressed that this is one of the many joint projects implemented by the two countries: "Cooperation is very active. There are practical results. We hope that the equipment that will be produced here will improve the quality of life of people throughout the country."
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.
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