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15 August 2022, 11:23

Lukashenko demands higher localization at Minsk MotoVeloZavod

MINSK, 15 August (BelTA) – The localization rate at Belarusian companies, including OOO Minsk MotoVeloZavod, should be higher, Belarusian President Aleksandr Lukashenko said as he visited the company on 15 August, BelTA has learned.

The president noted that many component parts are now purchased from abroad, and urged domestic manufacturers to launch production of their own components. For example, the localization rate of individual products is only about 20%, and amidst global uncertainties and the sanctions, such a situation carries certain risks.

“We need to manufacture products on our own. So far we import component parts and assemble them on the ground… It's good that we have good relations with the Chinese [OOO Minsk MotoVeloZavod buys component parts from China]. We should make them on our own, as much as possible. And this pertains to all motorcycles and bicycles.

Aleksandr Lukashenko was generally dissatisfied with what he saw, pointing to the slow implementation of the plans. In this regard, the head of state harshly criticized the people in charge. “There is nothing to see here. This will not do. This work is no good at all,” he said.

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