Syrdarya region plans to implement 737 projects worth $2.4 billion until the end of 2023, with the share of foreign investment amounting to $900 million. President Shavkat Mirziyoyev reviewed the projects on March 1.
New projects are set to deliver $1 billion worth of goods and create almost 36,000 new jobs. The export potential of new businesses is estimated at $326 million, while the import-substitution is to comprise $124 million. Most of the projects are to be implemented in the textile industry, the production of building materials, pharmaceutical and food industries.
One of the most promising projects will be the creation of a $100 million worth Gujarat industrial zone in Mirzaabad district in cooperation with India. A total of eight projects are to be implemented in this zone, including the production of equipment for drip irrigation and greenhouses, agricultural machinery units, mini-equipment, plastic products, knitwear and food products. New facilities are set to annually export goods worth $25 million. (Uzreport/Business World Magazine)