New JV to produce mobile phones in Uzbekistan
05/07/2015 04:30
New JV to produce mobile phones in Uzbekistan
05/07/2015 04:30
Tashkent, Uzbekistan (UzDaily.com) -- New joint venture on production of mobile phones has been created in Uzbekistan.
FE LCLC Infinity Electronics and the British company Wynex Innovation LLP created a joint venture LLC Smart Communications at Free Industrial-Economic Zone (FIEZ) Navoi.
The venture was created to implement an investment project “Organization of production mobile phones at the amount of 200 thousand units”.
The shareholder of the joint venture will direct US$2 million to realization of investment project.
The project envisages localization of production with gradual growth of its share in production and creation of new jobs.
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