Tashkent Region Partners with Chinese Company for Electric Scooter Production
A new project valued at $10 million is set to kick off in the Yangiyul district of the Tashkent region. This project involves the production of electric scooters through a joint Uzbek-Chinese venture known as Ecomoto.
The mayor of the Yangiyul district, along with foreign investors, recently signed a memorandum of cooperation to solidify plans for this new venture. The goal is to bring in $10 million in direct foreign investment and generate 50 new job opportunities for the region.
Production of the electric scooters is expected to commence in the second quarter of 2025, marking a significant step forward for the area. This initiative not only promises economic growth but also showcases international collaboration in the realm of sustainable transportation.
As the project unfolds, it is anticipated to bring positive changes to the local economy and contribute to the development of environmentally friendly modes of transport. Stay tuned for further updates on this exciting endeavor in the Yangiyul district.
