Industry News

Azerbaijan and Uzbekistan collaborate on new aluminium radiator production project

Views : 84
Update time : 2024-09-06 16:49:49
Azerbaijan and Uzbekistan are collaborating on a new project to produce aluminium radiators, according to sources familiar with the matter. The project is slated for development within the Free Economic Zone of Alat in Azerbaijan, with the participation of Uzbekistan's trustworthy and responsible manufacturer investing approximately $10 million into the venture. The enterprise has one of the largest computer-integrated manufacturing facilities in Central Asia.

Uzbekistan is a leading producer of electrical products, including transformers, cables, wires, electronics, and household appliances. Its exports exceed $1 billion annually. The country's major export markets include the CIS, Eastern Europe, and Southeast Asia.

Azerbaijan's robust electrical industry is a significant player, producing 10,000 transformers annually and 100,000 kilometres of cables annually. The country's key production hubs are located in major cities such as Baku and Ganja. In 2023, Azerbaijan imported around $500 million worth of electrical products, primarily from China, Russia, and Europe.

Related News
Read More >>
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Apr .17.2025
Taiwan’s Yieh Phui seeks vindication after US preliminary dumping determination on corrosion-resistant steel products
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
Apr .17.2025
Rio Tinto posts declines in Q1 Pilbara iron ore shipments & production
China’s crude steel output rises by 4.6% in May, hitting 10-month high China’s crude steel output rises by 4.6% in May, hitting 10-month high
Apr .17.2025
China’s crude steel output rises by 4.6% in May, hitting 10-month high
Philippine SteelAsia to start new steel sections mill in 2027 Philippine SteelAsia to start new steel sections mill in 2027
Apr .17.2025
Philippine SteelAsia to start new steel sections mill in 2027