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    Uzbekistan

    Uzbekistan plans $4 bn investment projects in Namangan region

    Uzbekistan plans $4 bn investment projects in Namangan region

    Investment projects are proliferating across Uzbekistan, with an influx of new capital driving economic growth and development, fueled by trust in the vision of the "New Uzbekistan," press service of the president of Uzbekistan reported on March 25.

    In the Namangan region alone, a total of 47 projects, amounting to $4 bn, have been established. Notably, 17 of these projects, valued at $2.3 bn, were presented to the country's leadership.

    Investors from a diverse range of countries including Russia, China, Turkey, UAE, France, Germany, Austria, Italy, the Netherlands, Iran, Pakistan, and others are contributing to these projects. These ventures span various sectors including building materials, electrical engineering, chemicals, textiles, food industries, pharmaceuticals, medicine, mining, and fish farming.

    Examples of collaborations include plans for copper mining and processing with Chinese partners in the Chust region, joint ventures for synthetic fabric production and dyeing with Pakistani investors in the Turakurgan region, and the establishment of a trauma center in partnership with an Austrian company.

    The implementation of these 47 projects is expected to generate over 40,000 job opportunities across the region, contributing significantly to employment and economic prosperity.

    During discussions with each investor and project initiator, the economic viability of the ventures was thoroughly examined, and directives were issued to expedite the process of project realization. These initiatives underscore Uzbekistan's commitment to fostering a conducive environment for investment and economic growth, aligning with the vision of a prosperous "New Uzbekistan."

    Earlier Daryo reported that Uzbekistan's President Shavkat Mirziyoyev highlighted the significant tourism opportunities within the Surkhandarya region, which is home to more than 600 cultural heritage and tourism sites.

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

     
     
     
    26.03.2024, 15:08   Comments (0)   1377
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