• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12790.43
    • RUB162.6
    • EUR14486.44
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +22°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan

    Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn

    Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn

    President Shavkat Mirziyoyev visited the Youth Industrial and Entrepreneurship Zone in Termiz on November 17, reaffirming his commitment to fostering a new generation of entrepreneurs in Uzbekistan. The establishment of youth industrial and entrepreneurship zones across the country, initiated by President Mirziyoyev on April 21, 2021, aims to provide a platform for young people to initiate and manage their businesses.

    President Mirziyoyev boosts youth entrepreneurship with 42 new projects and $50mn investment in Surxondaryo, Uzbekistan
    Photo: Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn
    Source: Daryo

    In the Tinchlik neighborhood of Termiz city, 42 projects spanning construction materials, chemical and petrochemical, furniture, food, and textile industries have found a home across a 2-hectare area. These enterprises receive preferential loans from the Young Entrepreneurs Support Fund, administered through commercial banks, to acquire buildings, procure equipment, and commence production. The anticipated outcome is the creatio 

    President Mirziyoyev boosts youth entrepreneurship with 42 new projects and $50mn investment in Surxondaryo, Uzbekistan
    Photo: Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn
    Source: Daryo

    During his visit, President Mirziyoyev inspected the products of these enterprises, ranging from the packaging of pomegranate juice for export to neighboring countries to the creation of employment opportunities for women through the weaving of clothes and carpets.

    "The youth of today are a product of the New Uzbekistan. Their knowledge and aspirations are innovative. Therefore, industrial zones should be entrusted to the youth, serving as ready-made 'factories of projects' for districts. Officials should focus on supporting enterprises to innovate and enter the market, with emphasis on cost, quality, and competition," stated President Mirziyoyev.
    President Mirziyoyev boosts youth entrepreneurship with 42 new projects and $50mn investment in Surxondaryo, Uzbekistan
    Photo: Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn
    Source: Presidential Press Service

    Recognizing the untapped sports potential of the region's youth, President Mirziyoyev directed efforts towards developing a draft decision to attract the youth of Surxondaryo to various sports. A proposed allocation of UZS 30bn ($2.4mn) is intended to fund initiatives like the establishment of a base for kayaking and canoeing in the "Uchkizil" reservoir.

    President Mirziyoyev boosts youth entrepreneurship with 42 new projects and $50mn investment in Surxondaryo, Uzbekistan
    Photo: Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn
    Source: Daryo

    Local industrial products were showcased during the visit, and investment projects valued at $4.6bn are currently underway in the Surxondaryo region. Of this, $4bn constitutes foreign direct investment. These projects span energy, chemical, mining, building materials, textile, and other industries, promising the creation of value-added products and tens of thousands of jobs.

    President Mirziyoyev boosts youth entrepreneurship with 42 new projects and $50mn investment in Surxondaryo, Uzbekistan
    Photo: Southern Uzbekistan receives approval for 42 investment projects amounting to $50mn
    Source: Presidential Press Service

    President Mirziyoyev expressed his vision for the expansion of such industrial zones to every district in the region, alongside a broader focus on enhancing handicrafts and home-breeding initiatives. Drawing on the success of the past two years, he tasked officials with formulating a special decision for the development of youth entrepreneurship in Surxondaryo, proposing an allocation of $50mn for this purpose.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    17.11.2023, 14:18   Comments (0)   1560
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Central Bank of Uzbekistan delegation enhances financial ties during Seoul visit 

    11.11.2023, 12:11

    Uzbekistan advances in WTO journey: key commitments and global support

    17.11.2023, 11:54

    Central Bank of Uzbekistan imposes fines on 16 commercial banks following regulatory violations 

    17.11.2023, 10:45

    Uzbekistan's Minister of Foreign Affairs meets UNAMA chief to strengthen collaboration for Afghanistan's recovery 

    17.11.2023, 12:18

    President Mirziyoyev strengthens Uzbekistan's defense with military unit inspection and UAV advancements

    17.11.2023, 09:03

    Former pharmaceutical agency head accuses colleague, requests criminal case amidst "Dok-1 Max" scandal 

    16.11.2023, 19:35
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Tajikistan’s fruit exports hit by rising costs and stronger currency, EastFruit warns

    Tajikistan | 2 June, 17:05

    Pakistan moves to restore Ambassador role as ties with Afghanistan improve

    Afghanistan | 2 June, 14:40

    Kazakhstan’s PM and UN Deputy Secretary-General discuss cooperation on SDGs and climate resilience

    Kazakhstan | 2 June, 12:38

    Uzbekistan and Turkey to fully digitize transport permits by 2026

    Uzbekistan | 2 June, 11:43

    Uzbekistan receives first 2025 shipment of Hepatitis C drugs from Egypt

    Uzbekistan | 2 June, 10:30

    Uzbekistan’s annual inflation falls to 8.7% despite sharp monthly price rise

    Uzbekistan | 2 June, 09:30

    Uzbekistan, Kazakhstan customs officials meet at Gisht Kuprik to streamline border operations

    Uzbekistan | 1 June, 16:03

    Uzbekistan launches youth campaign 'Land of Talents' with mass events in Tashkent

    Uzbekistan | 1 June, 13:31

    Uzbekistan finalizes WTO accession talks with UK

    Uzbekistan | 1 June, 11:00
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.