11 Jan 2024 14:53

Head of Khabarovsk Territory confirms plans to build Far Eastern Auto Cluster in region

KHABAROVSK. Jan 11 (Interfax) - Construction of a new bus plant in Khabarovsk will begin this year, Khabarovsk Territory Governor Mikhail Degtyarev said during a presentation to the Russian President of master plans for the development of Khabarovsk and Komsomolsk-on-Amur at Pacific National University on Thursday.

"This year, construction begins on a new bus plant with a capacity of 470 units per year in stage one, and another 1,000 vehicles in stage 2," the governor said.

Degtyarev noted that the Far Eastern Auto Cluster would become the core of the Southern Economic Zone of Khabarovsk.

Earlier it was reported that the Volgabus group (Bakulin Motors Group holding) is planning to introduce the first stage of bus assembly production in the Khabarovsk Territory in Q3 2024.

In December 2022, the project operator company, Far Eastern Autocluster LLC, was registered. Its main facilities will be located at the Rakitnoye priority development site.

The Far Eastern Auto Cluster is expected to reach full capacity by 2032, with turnkey full-cycle production.

The company plans to sell buses not only inside the country, but to export them to Russia's partner countries as well.

Volgabus is Russia's third largest manufacturer of large-class passenger buses after GAZ Group and Kamaz . The Volgabus website says the group has a 17% share of the Russian large bus market, with its production capacities allowing for production of up to 3,000 buses per year.

The construction of the Far Eastern Auto Cluster is part of a comprehensive plan for the socio-economic development of the Khabarovsk agglomeration.

On January 9, the Russian government approved long-term plans for the comprehensive socio-economic development of 16 Far Eastern cities through 2030 inclusive, with total planned funding of 3.5 trillion rubles.

Comprehensive plans have been prepared for Anadyr, Arsenyev, Birobidzhan, Blagoveshchensk, Belogorsk, Bolshoi Kamen, Vladivostok, Komsomolsk-on-Amur, Krasnokamensk, Neryungri, Nakhodka, Magadan, Ussuriysk, Svobodny, Khabarovsk and Yakutsk.

Of the 3.5 trillion rubles, the federal budget will provide 1.2 trillion rubles, while 400 billion rubles will come from regional budgets, and 1.9 trillion rubles from extra-budgetary sources.

The master plans for these cities provide for the renewal of housing stock, the construction of social facilities, landscaping, modernization of transport and utility infrastructures, and the development of resort areas.