President of Uzbekistan reviewed presentation showcasing various investment projects slated for implementation in the Khorezm region. With an eye towards fostering economic growth and development, a plethora of projects valued at a staggering $1.5 bn have been meticulously crafted in collaboration with foreign investors. These projects span critical sectors such as mechanical engineering, urban planning, chemistry, textiles, construction materials, medicine, and food, press service of the president reported on February 29.
During the presentation, stakeholders were apprised of 18 key projects with a collective value exceeding $660 mn. Noteworthy among these endeavors are ventures focusing on the production of electric trucks, nickel sulfate for batteries, architectural windows, glass containers, construction materials, varnishes, and fabrics.
During discussions with foreign investors and local entrepreneurs spearheading these initiatives, the head of state delved into the economic viability of each project. Exchange of ideas ensued, with a focus on optimizing project efficiency and expediting their implementation. Directives were issued to officials to streamline bureaucratic processes and create an enabling environment conducive to entrepreneurial endeavors.
Earlier Daryo reported that on February 29, President Shavkat Mirziyoyev visited the Khorezm region, where he presided over the opening of a significant infrastructure project: a new bridge in the Amudarya district of the Republic of Karakalpakstan. This bridge, stretching 423 meters, serves as a vital replacement for an older pontoon bridge, addressing logistical issues for residents living along the riverbanks.
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