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Jul 14, 2017

NEW TRUCK FACTORY * Russia / Senegal

* Russia - Truck maker KAMAZ to invest in Senegal plant

--- Russia’s truck manufacturer Kamaz plans to invest 50 million euro ($57 million) in the construction of an assembly plant in Senegal at its first stage, the company’s chief executive officer was quoted in a media report... The Senegal’s government has provided a building in an industrial park to Kamaz, he added... Earlier Kogogin said the company had made a contract on supplies of 400 cars with Senegal... Kamaz is the largest automobile corporation in Russia. The company produces trucks, trailers, buses, tractors, engines, power units, and different tools. The group of the process chain includes 11 large automobile plants... Kamaz is 16th among the leading global producers of heavy tracks and 8th in terms of diesel engines output volume. The largest shareholding belongs to the state through state-owned Rostec (49.9 per cent)... 
(Photo: Trucks made at a Kamaz' factory) - Moscow, Russia - Trade Arabia - 26 June 2017

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