Jizzakh region to implement $3.4bn projects
The total annual volume of new production facilities is to amount $2.4bn, with 23,000 new jobs to be created. The projects are to deliver $264mn worth goods that will substitute for imports, exports will amount to $311mn.
Uzbekistan`s northeastern Jizzakh region will see the implementation of more than 500 projects worth over $3.4bn by the end of this year. President Shavkat Mirziyoyev reviewed the projects on February 15.
The total annual volume of new production facilities is to amount $2.4bn, with 23,000 new jobs to be created. The projects are to deliver $264mn worth goods that will substitute for imports, exports will amount to $311mn.
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 $68.5mn facility is expected to start operating in the third quarter of this year.
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 by the end of the year.
A $39mn 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 $30mn 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.
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