DUSHANBE, July 18, Asia-Plus – A business delegation of Russia’s Nizhny Novgorod Oblast, headed by its governor V.P. Shantsev, will arrive in Dushanbe tomorrow for a five-day visit, according to the press center of Tajikistan’s Chamber of Commerce and Industry (CCI).
While in Dushanbe, the delegation will hold talks with Tajik President Emomali Rahmon, Dushanbe Mayor Mahmadsaid Ubaidulloyev and some other high-ranking Tajik state officials.
They are also expected to hold talks with representatives of Tajikistan’s business community to discuss cooperation issues.
The Russian delegation will also visit the northern Sughd province, where they will hold talks with Sughd governor, Khujand mayor and local businesspeople.
The CCI press center reports that the Gorky Automobile Plant (GAZ), which is the leading manufacturer of commercial vehicles in Russia, will participate in the upcoming international exhibition, dubbed Tajikistan-2016. The Russian automotive manufacturer will showcase models of its vehicles at the exhibition.
The Gorky Automobile Plant (GAZ) is a Russian automotive manufacturer. It started in 1932 as NAZ, a cooperative enterprise between Ford and the Soviet Union, as a result of a Five year plan. GAZ is the core company of GAZ Group holding, a part of Basic Element business group. The headquarters of GAZ Group is located in Nizhny Novgorod. Russian Machines Corporation is the controlling shareholder in OAO GAZ. GAZ Group is the leading manufacturer of commercial vehicles in Russia. GAZ Group produces light commercial and medium-duty vehicles (GAZ), heavy-duty trucks (UralAZ), buses PAZ, KAvZ, LiAZ, GOLAZ), cars, powertrain (YaMZ and UMZ) and automotive components. The market shares of the company: about 50% in the light commercial vehicles segment, 58% in the segment of medium-duty trucks, 42% in the all-wheel drive heavy-duty trucks segment and about 65% in the bus segment.
Nizhny Novgorod Oblast is a federal subject of Russia (an oblast) with a population of 3,310,597 (2010 Census). Its administrative center is the city of Nizhny Novgorod, which is the fifth-largest city in Russia.
Nizhny Novgorod Oblast is not rich in natural resources, which are limited to commercial deposits of sand (including titanium-zirconium sands), clay, gypsum, peat, mineral salt, and timber.
The oblast ranks seventh in Russia in industrial output. Processing industries predominate in the local economy. More than 650 industrial companies employ nearly 700,000 people, or 62% of the workforce involved in material production. Industry generates 83% of the regional GDP and accounts for 89% of all material expenditures. The leading sectors are engineering and metalworking, followed by chemical and petrochemical industries and forestry, woodworking, and paper industries. The first three sectors account for about 75% of all industrial production.
