Serial production of vans began this week at the Uz-Daewoo automobile plant in Assak, Uzbekistan, a parity joint venture in which South Korea’s Daewoo company has invested $200 million. The plant, with an annual capacity of 200,000 vehicles, is licensed to produce two models of Daewoo passenger cars and a Daewoo family van model. Some 80 percent of the components are currently being supplied directly from South Korea, but the share of components produced in Uzbekistan is due to grow to 70 percent by the year 2000. The venture plans to market the vehicles in CIS countries in the expectation that the quality, fuel-effectiveness, and pricing of Daewoo’s models will prove more attractive than the cars made in those countries. (Interfax, March 25).
Uz-Daewoo looks set to massively cut into the Russian automobile industry’s market share in CIS countries, at least in Central Asia. German and Italian automobile manufacturers have also launched car and truck assembly joint ventures in Uzbekistan.
The Monitor is a publication of the Jamestown Foundation. It is researched and written under the direction of senior analysts Jonas Bernstein, Vladimir Socor, Stephen Foye, and analysts Ilya Malyakin, Oleg Varfolomeyev and Ilias Bogatyrev. If you have any questions regarding the content of the Monitor, please contact the foundation. If you would like information on subscribing to the Monitor, or have any comments, suggestions or questions, please contact us by e-mail at email@example.com, by fax at 301-562-8021, or by postal mail at The Jamestown Foundation, 4516 43rd Street NW, Washington DC 20016. Unauthorized reproduction or redistribution of the Monitor is strictly prohibited by law. Copyright (c) 1983-2002 The Jamestown Foundation Site Maintenance by Johnny Flash Productions