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    Uzbekistan

    Uzbekistan plans $5.7bn investment drive in Andijan to create 31,000 jobs

    Uzbekistan plans $5.7bn investment drive in Andijan to create 31,000 jobs

    Uzbekistan aims to implement 166 investment projects totaling $5.7bn, which are expected to create 31,000 new jobs in 2025 in the Andijan region.

    The plan, presented to President Shavkat Mirziyoyev, outlines key development goals for 2025, focusing on economic diversification, industrial expansion, and increased export capacity.

    Source: Daryo

     

    According to the presentation, the projects will lead to the production of 31 new types of products, unlocking $1.5bn in export opportunities. To support industrial growth, 65 megawatts of new energy capacity will be installed, ensuring stable power supply for enterprises.

    In the first quarter of this year alone, 77,000 people were employed through investment initiatives and bank-supported projects. The government now aims to provide a total of 305,000 citizens with gainful employment by the end of 2025.

    Source: Daryo

     

    The region’s economic growth rate is projected to reach 5.5% in 2025, driven by the introduction of new technologies, expansion of production, and support for local businesses.

    President Mirziyoyev instructed officials to ensure timely implementation of all projects, expand job opportunities, and actively engage the unemployed in vocational training and career development

     

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    16 April, 10:39   Comments (0)   691
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