Within the project, TTZ will reconstruct blank-press and specialized capacities at the plant to launch production of road construction, loading and machines for communal services.
Gazeta.uz reported that the plant will produce 250 units of special equipment a year.
The website said that TTZ is holding negotiations with several foreign producers to purchase necessary equipment. TTZ specialists said that the existence of the capacities will allow not to create separate capacities.
The project will be financed due to loans of local commercial banks and own resources of the TTZ.
TTZ specializes on production of cotton harvesters and universal cultivating tractors. Currently, the plant produces three tractor models of 10 modifications and 4 trailers.
The project capacity of the enterprise is 12,000 tractors and over 13,000 trailers. TTZ supplies its products to internal and external markets.