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St. Petersburg International Economic Forum 2016

KAMAZ plans to raise export to Vietnam, African states

All in all, KAMAZ plans to export 7,000 trucks in 2016, while the overall sales plan is 32,000 trucks

ST. PETERSBURG, June 16. /TASS/. Russia’s major truck producer KAMAZ plans to increase its export to Vietnam, KAMAZ Director General Sergei Kogogin told reporters on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2016) on Thursday.

St. Petersburg International Economic Forum 2016

"The agreement signed and activities of our distributor in Vietnam are expected to give a considerable growth. In 2015, we delivered 700 trucks. This year’s supplies are expected to exceed 1,000 trucks," Kogogin said.

While speaking about exports, he reaffirmed the contract on supplies of vehicles to Cuba. In his words, this contract envisages KAMAZ truck deliveries at 1,500 units to Cuba.

"We have several more contracts signed with African states. The documents envision up to 500 trucks to each of those country, including Zimbabwe [for instance]," the KAMAZ head said.

All in all, KAMAZ plans to export 7,000 trucks in 2016, while the overall sales plan is 32,000 trucks.

Against the background of the decline in the truck exports to the countries of the Commonwealth of Independent States (CIS), the share of the company’s export to non-CIS countries grew by 28% in 2015 to 58.5% upon the results of January-May 2016.

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