Turkmenistan Orders 2,000 Kamaz Trucks for $162mn: Official

Russian heavy-duty truck producer Kamaz plans to deliver 2,000 vehicles to Turkmenistan in 2020-2021 and expands the chain of service stations in the country, the Minister of Industry of Russia’s Tatarstan republic Albert Karimov told reporters on Tuesday.

The Central Asian country’s president Gurbanguly Berdymukhamedov visited the Russian region and attended an exhibition of industrial products made in Tatarstan together with a business delegation.

“A contract was signed in the follow-up of talks on the possibilities of further supplies of 2,000 Kamaz vehicles to Turkmenistan in 2020-2021, including 800 dump trucks, 300 side trucks and special utility machinery,” Karimov said, according to Regnum news agency. More than 10,000 Kamaz vehicles are currently in service in the country, he added.

The parties also discussed the expansion of the chain of Kamaz service centers functioning in Turkmenistan.

“It is planned to open several more centers. There is a project elaborated in detail, which will provide servicing of these vehicles all over Turkmenistan. I would like to say also that an option of synergy was considered in advance so that tire centers are located together with Kamaz service centers in these stations, so that Nizhnekamskshina branded tires also have a broader presentation on the market of Turkmenistan,” Karimov said.

On Sunday, KamAZ’s CEO Serge Kogogin said the company plans to re-open its automobile assembly factory in Vietnam by 2020. He said KamAZ would invest $10 million in the factory in Vietnam, which would annually produce 1,000 units in the first phase.

The Russian automaker previously assembled cars in Vietnam, focusing on dump trucks for the mining industry, oil tank trucks and special-purpose vehicles. However, it then stopped operations in the country when the import of completely-built trucks became more profitable.