In the first half of 2023, Uzbekistan saw a 7.9% increase in sugar production, totaling 332,600 tons. This growth was reported by the Agency for Statistics, stating that large enterprises in Uzbekistan produced sugar from January to June 2023.
The sugar production increase was compared to the same period in 2022. In June 2023, large enterprises produced 67,400 tons of sugar.
Recently, Uzbekistan's Ambassador Mansurbek Kilichev met with Emad Farid, the executive director of Nile Sugar, Egypt's largest sugar producer, to discuss potential investment projects in the Central Asian country. Their focus was on cultivating sugar beets and the entire sugar production cycle in the Jizzakh region. Nile Sugar recognizes Uzbekistan's agricultural sector, fertile land, adequate water supply, and a unified state system that brings together private farmers.
Nile Sugar is interested in investing $500mn into a large project that involves cultivating sugar beets and producing sugar on 52,000 hectares of land in the Jizzakh region.
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