SPIC approved for KAMAZ and Daimler KAMAZ RUS

16 May 2018, Wednesday

On May 15, the Russian Ministry of Industry and Trade hosted a regular meeting of the Inter-Departmental Commission for Appraising the Possibility of Concluding Special Investment Contracts (SPIC) chaired by its Deputy Minister Vasily Osmakov.

Within the framework of the meeting, the conclusion of a tripartite special contract was considered between the Russian Ministry of Industry and Trade, KAMAZ, and Daimler KAMAZ RUS that implies the development of a model range of KAMAZ and Mercedes-Benz vehicles, as well as retrofitting of production facilities.

At the end of the meeting, it was decided to support the implementation of the investment project by KAMAZ and Daimler KAMAZ RUS within the framework of the SPIC.

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