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Localization rate at new Belarusian car factory to exceed 50% in 2018

Economy 17.11.2017 | 19:43
Geely cars
Geely cars

BORISOV DISTRICT, 17 November (BelTA) – The localization rate at the new factory of the Belarusian-Chinese car manufacturer BelGee will exceed 50% in 2018. Deputy Prime Minister of Belarus Vladimir Semashko told Belarus President Alexander Lukashenko about it during the tour of the new factory on 17 November, BelTA has learned.

According to Vladimir Semashko, the localization rate will be 31.08% in 2017. In particular, the cars are equipped with engines and gearboxes made by the Borisov-based engine factory Geely, with Belarusian and Russian accumulators, and tires made by Belshina.

There are plans to up the localization rate to 52.27% in 2018. The Belarusian components will then include the front axle and the back axle, wheel disks, ABS and ESP systems, and seats.

The Belarusian-Chinese joint venture SZAO BelGee was established in 2011 to make Geely brand cars. The company assembled the first car in February 2013.

The construction of the factory to assemble cars using completely knocked down kits began in late March 2015. The new factory is located between Borisov and Zhodino and occupies about 120ha. The factory is designed to make 60,000 cars per annum initially.

Plans have been made to use the full fabrication cycle to make Geely NL3 and NL4 crossovers and the Geely FE3 sedan.

In 2017 the new car factory is expected to make about 1,800 vehicles. More will be made and sold in 2018. In 2018 and 2019 the new car factory is supposed to make 25,000 cars and 35,000 cars respectively.

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