The joint venture aims to leverage JAC Group’s expertise in advanced automotive manufacturing and intelligent technologies alongside Tashkent Investment’s deep knowledge of the local market and industry experience. This collaboration supports the development of Uzbekistan’s automotive sector and promotes sustainable mobility solutions in Central Asia. A JAC Group representative stated: “The new venture aims to achieve complementary advantages by combining our leadership in automotive innovation with Tashkent Investment’s robust local resources.”
This partnership strengthens economic ties between China and Uzbekistan, aligning with broader cooperative efforts under the Belt and Road Initiative. It enhances the region’s automotive industry by introducing advanced manufacturing capabilities and green mobility options. The initiative is expected to contribute to high-quality economic growth in Uzbekistan through localized production and services.
JAC Group has a strong global presence, with 19 overseas knock-down (KD) plants, 16 of which are in Belt and Road partner countries, including Kazakhstan and Mexico. The Tashkent joint venture marks a significant milestone in JAC’s international expansion, reflecting its commitment to fostering innovation and sustainability in global markets. A Tashkent Investment spokesperson noted: “This partnership not only boosts our automotive sector but also opens new avenues for technological and economic collaboration.”
Looking ahead, the joint venture plans to explore opportunities in new energy infrastructure and intelligent connected vehicle technologies. These efforts aim to deliver innovative solutions tailored to regional needs, supporting Uzbekistan’s transition to cleaner and smarter transportation systems. The collaboration underscores JAC Group’s role in providing advanced automotive solutions, contributing to both economic development and environmental goals in Central Asia.
