PSA Peugeot Citroen Might Build Vehicles in Belarus image

Dmitry Klevzhits, Director of the National Agency of Investment and Privatization (NAIP) of Belarus, said that PSA Peugeot Citroen might begin producing vehicles in the region.

“You have probably heard that PSA Peugeot Citroen decided to end car production at Moscow’s ZIL and might relocate its operations to Belarus,” Dmitry Klevzhits said.

The National Agency of Investment and Privatization will do its best to convince PSA Peugeot Citroen to begin production in Belarus. Dmitry Klevzhits also mentioned how important is for the country is the joint project with GM, which decided begin operations in the country.

“A world giant is coming here; it has long-term plans to manufacture cars in Belarus. The company is going to assemble 7,000 cars per year after reaching its designed capacity,” Dmitry Klevzhits noted.

GM will begin manufacturing the Opel Corsa in Belarus beginning with 2014. Opel and JV Unison signed a deal according to which the automaker will build Corsa vehicles for markets in eastern Europe, including Kazakhstan, Belarus and Russia. In April GM said it will invest 4 billion euro by 2016 in its money-losing Opel, trying to bring the brand back to profit.