Bank Of Baku

Azerbaijan will launch new auto plant next month

Azerbaijan will launch new auto plant next month
# 10 August 2009 16:00 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. A new automobile plant will be launched in Nakhchivan in September.

Musa Abdullayev, Director of existing Nakhchivan Automobile Plant, said the launch of the plant was delayed to September from August because of some technical problems.

A cooperation agreement was signed with Chinese Lifan Corporation on the sidelines of China-Azerbaijan Busines Forum in Beijing to establish the assembly of cars in Nakhcivan.

According to him, 108 cars will be assembled at the initial stage.

“These cars include Lifan-320, Lifan-520 (sedan and hatchback) and Lifan-620 (sedan). Parts will be supplied from China and 108 cars will be assembled by late August,” he added.

He said the plant and assembly line is under construction at present and will be completed after the Chinese side delivers last shipments.
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