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Home News 2017 6 MAZ PLANS ANNUAL TRUCKS SALES IN VIETNAM

MAZ PLANS ANNUAL TRUCKS SALES IN VIETNAM

Minsk Automobile Plant was visited by a delegation from the Socialist Republic of Vietnam headed by Deputy Prime Minister and Minister of Foreign Affairs of the Socialist Republic of Vietnam Pham Binh Minh on June 28, 2017.

The Minister of Industry of the Republic of Belarus Vitaly Vovk and the General Director of MAZ Dmitry Katerinich presented to the guests a wide range of MAZ commercial vehicles, as well as the enterprise’s products planned for delivery and further localization in Vietnam. In addition, the representatives of the delegation got acquainted with the products of the leading enterprises of the Belarusian industry such as OJSC MTZ, OJSC Amkodor, OJSC MMZ, OJSC Motovelo, OJSC Gomselmash.

During the visit it was noted that a plant for the production of MAZ trucks will be built in Vietnam by the end of this year. Since 2018, it will annually assemble about 1 thousand trucks for more than $ 40 million worth.

MAZ plant is being erected in 40 km from Hanoi at a rice field. The territory of 4.5 hectares was fenced off, a plot was planted, engineering communications were built, more than 2 thousand piles were laid to a depth of 30 meters and concrete foundations began to be undrepoured. In addition to the assembly workshop, a warehouse for spare parts, an administrative building and a hotel will be built on the site, and a place around the plant will be planted.

The assembly production is scheduled to start in November. Before that,  Minsk Automobile Plant will send to Vietnam 200 ready-made trucks and the same number of truck kits. The price is $ 18.1 million. The contract for the first delivery of MAZ trucks was signed in Minsk during the visit of the head of Vietnam, Tran Dai Quang.

Deliveries of Belarusian equipment will grow every year. In 2018, MAZ plans to send to Vietnam about 1000 trucks, of which about 700 - as an assembling kit. In 2019, "the country of the red dragon" will already have 1,300 vehicles. "On average, it is planned to assemble  about 1 thousand MAZ trucks in Vietnam annually for the sum of more than $ 40 million. This market will be one of the most promising for us in South-East Asia," the company said.

In several years the production of MAZ trucks will be localized by 40% due to the local components. This will allow duty-free sales of Belarusian trucks both in Vietnam and in 9 other ASEAN countries - the Association of Southeast Asian Nations. In particular, we are talking about Indonesia, the Philippines and Thailand, etc.

Minsk Automobile Plant also forms a service-sales network in Vietnam. Now it has 24 dealer centers in 24 provinces. Thus, trucks MAZ are now ready to serve all over the country.

JSC "MAZ" conducts business in Vietnam through a joint venture "MAZ Asia". The partner was the local firm "AuViet Industry", which sells BelAZ dump trucks and Belshina tire sets as a dealer. Vietnamese received 70% of the statutory fund, and made investments in return. Minsk Automobile Plant covered a 30% share by technologies and trucks.

At the first stage, 6 models of MAZ vehicles will be assembled in Vietnam. First of all, these are large and small dump trucks, fifth-wheel trucks for the port, long-base trucks and chassis for special equipment. In the future, various superstructures, for example, tanks and attachments for communal equipment, will be installed at the assembly plant. Trucks were modified for the local market: narrowed to 2500 mm, used new driving axles and the construction has been lightened.

MAZ vehicles are very popular in Vietnam. "Belarusian trucks are great for Vietnam. First of all, they are undemanding, reliable and convenient. In addition, we are considered as one of the leading European manufacturers, but with a good combination of price and quality. So the project is very promising," Minsk Automobile Plant explained.

The idea to build assembly production was first discussed during the visit of the head of the Republic of Belarus to Vietnam. Later, the governments of the two countries signed a Protocol on supporting the production of motor vehicles in Vietnam. The project is personally supervised by Deputy Prime Minister Vladimir Semashko, with the help of Belarusian Embassy in Vietnam. The new plant will contribute to the growth of trade between the countries, which is planned to increase up to $ 500 million.

 



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