Uzbekistan’s northeastern Jizzakh region will see the implementation of more than 500 projects worth over $3.4 billion until the end of the year. President Shavkat Mirziyoyev reviewed the projects on February 15.
The total annual volume of new production facilities is to amount to $2.4 billion, with 23,000 new jobs to be created. The projects are to deliver $264 million worth of goods that will substitute for imports, while exports will amount to $311 million.
Eight projects are to be implemented in the construction materials industry. These include the production of basalt fiber and various materials made from it. The $68.5-million facility is expected to start operating in the third quarter.
A number of projects are also planned in the automotive industry. A project for the production of minibuses, commercial vehicles and trucks will be implemented until the end of the year.
A $39-million textile complex will be put into operation this summer.
BMB Trade Group is to establish the cultivation and processing of saffron in the Bakhmal district. The $30-million project is to create 200 new jobs.
Projects are also expected in the animal husbandry, poultry farming, processing of meat and dairy products and the production of silk fabrics. (Uzreport/Business World Magazine)
