Tashkent, Uzbekistan (UzDaily.com) — Joint-stock company UzAuto Motors and Ipoteka Bank, a member of the international OTP Group, have signed a cooperation agreement worth US$50 million.

The financing will be used to modernize production processes and implement advanced technological solutions. The agreement reflects UzAuto Motors’ commitment to strengthening its position in both domestic and international markets, as well as enhancing its overall competitiveness.

UzAuto Motors continues to expand its strategic partnerships with leading financial institutions, with a focus on technological renewal, improved operational efficiency, and better customer satisfaction.