Alongside AVTOVAZ, a local supplier of automotive components will enter the market, as reported by Devon news agency citing Glavgosexpertiza.
Plastic components and assemblies for the domestic car industry are set to be manufactured within the industrial park of the Togliatti Special Economic Zone, reinforcing the region’s automotive supply chain.
Products produced by the resident will meet international quality standards, with plans to supply parts to major Russian manufacturers, including AVTOVAZ itself.
The project envisions producing five million units at the site by 2028, including plastic accessories.
The new production building will cover an area of 4,500 square meters. An electronic tender for the construction of the facility has already been announced. The contract value is 242.7 million rubles, and the winner is expected to complete construction and installation works by the end of September 2022.
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The Togliatti Special Economic Zone was established in 2010. Today it hosts more than 30 residents, many of whom manufacture car parts and related components.