• 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
    • USD12557.56
    • RUB159.44
    • EUR14809.13
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +40°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

    Uzbekistan and China sign agreements worth $3bn in pharmaceutical sphere

    Uzbekistan and China sign agreements worth $3bn in pharmaceutical sphere

    Agreements worth a staggering $3bn have been brokered between the Andijan region and Chinese entrepreneurs in the pharmaceutical sphere, with an additional $1bn anticipated to be attracted this year alone. Hungarian investors are also contributing to these developments.

    Meeting under the leadership of the president.
    Source: Presidential press service

    To facilitate investment inflow, a "Silk Road" free economic zone spanning 218 hectares will be established in the Andijan district, offering investors attractive tax and customs benefits tailored for free economic zones.

    An additional $300mn worth of projects are slated to be initiated in vacant land within industrial zones, further augmenting the region's economic landscape.

    Expansion Plans:

    • Seven projects focused on the production of complex drugs and medical products are set to be implemented, highlighting the region's commitment to advancing healthcare infrastructure.
    • In a bid to foster synergy between education and production, authorities have underscored the importance of establishing a pharmaceutical cluster in collaboration with a higher educational institution.

    Economic Targets:

    • Officials have outlined ambitious targets for the year, aiming to attract $2.5bn in foreign investment, create 45,000 job opportunities, and achieve $1bn in exports.
    • To support these objectives, starting this year, the costs associated with bringing foreign technologists, registering drugs, and transportation will be covered, streamlining the process for pharmaceutical ventures in the region.

     

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

    17.02.2024, 00:03   Comments (0)   2005
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Uzbekistan’s pharmaceutical industry receives $600mn boost from state decree in 2024

    15.01.2024, 14:53

    Uzbekistan's Ministry of Health sets to regulate pharmaceutical ads on TV and radio 

    25.01.2024, 16:52

    President Mirziyoyev drives pharmaceutical reforms with focus on safety and advertising standards 

    01.02.2024, 10:33

    Advertising restrictions to be lifted for imported alcohol in Uzbekistan

    16.02.2024, 22:41

    "Silk Road Buses" to be assembled in Andijan with support of $100mn Chinese investment 

    16.02.2024, 21:02

    Uzbekistan's legislative chamber assures bill on sanctioned individuals not against specific country

    16.02.2024, 19:27
    ×Lightbox Image

    Daryo.uz | Solution to your problems


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


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


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


    Beeline Uzbekistan started 2025 with a significant network modernization

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Uzbekistan and Afghanistan discuss deeper trade and infrastructure cooperation

    Uzbekistan | 4 July, 10:40

    Russia officially recognizes Islamic Emirate of Afghanistan

    World | 4 July, 09:00

    Uzbekistan’s Anorbank shareholder kidnapped in Paris, $10mn ransom demanded

    Uzbekistan | 3 July, 18:10

    EU’s Global Gateway improves electricity access in Tajikistan with Sebzor hydropower project

    Tajikistan | 3 July, 15:33

    Kyrgyzstan, Russia elevate ties as Japarov and Putin review growing partnership in Moscow

    Kyrgyzstan | 3 July, 14:08

    UN Tourism, Uzbekistan sign agreement to boost sustainable tourism and climate education

    Uzbekistan | 3 July, 12:34

    UNICEF warns of growing emergency as Afghan families flood back into Afghanistan

    Afghanistan | 3 July, 11:32

    Kyrgyzstan tops Central Asia in per capita income growth

    Central Asia | 3 July, 10:32
    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.