Local production in Tajikistan with JV partner expected to give Akia sales advantage in CIS countries
By Jim Gibbins - 1st August 2019
Turkey / Tajikistan / Kazakhstan - Akia Avesto Automotive Industry LLC (a joint venture company established in January 2018 between Akia Hess Otomotiv Karoseri İmalat San. ve Tic. Ltd (Akia) of Istanbul, Turkey and the Avesto Group (a diversified group of companies operated by the Tajik government for encouragement of foreign investment and technology in the country) of Dushanbe, Tajikistan, announced at Busworld Central Asia in Almaty, Kazakhstan that in June this year it had inaugurated a bus factory in Dushanbe, Tajikistan.
With an initial annual bus manufacturing capacity of 300 units a year, the Turkish company said it planned to increase sales in the region, and that this goal would be aided by its ability to build vehicles within the Commonwealth of Independent States (CIS) and thereby, avoid import tariffs part on vehicles built outside the CIS.