Tatarstan announces deal to revive truck sales to Cuba using Russian financing
Tatarstan announces deal to revive truck sales to Cuba using Russian financing
Felipe Pagliery • May 19, 2016
The Tatar trucking giant KAMAZ announced today (May 19) that it had signed a contract with the Cuban government for the delivery of “automotive equipment, spare parts and the equipment necessary for the installation in Cuba of a network of repair plants,” with an aim to “restore the park of KAMAZ automotive equipment” in the island republic.
The announcement did not mention a specific dollar amount, but a company spokesman recalled that between 2008 and 2013, with the help of Russian credit, KAMAZ delivered 904 vehicles to Cuba for 70 million dollars.
“All these machines now need service, so the opening in Cuba of a network of maintenance shops to restore the fleet will be welcomed by the Cuban consumers,” the spokesman added.
Between the 1960s and the 1980s, more than 15,000 KAMAZ trucks were delivered to Cuba. However, after the disintegration of the Soviet Union in 1991, the exportation of such vehicles to the island was stopped. It resumed eight years ago.
The new cargo vehicles will be used for the transportation of food and industrial goods; some of them will be used for Plan Turquino, a project for the development of mountainous and inhospitable regions. The rest will be used to transport containers in the Mariel Industrial Zone.
More:
http://progresoweekly.us/tatarstan-announces-deal-revive-truck-sales-cuba-using-russian-financing/
