Projects, realized at FEZ Urgut, presented to Uzbek leader
17/04/2017 00:12
Projects, realized at FEZ Urgut, presented to Uzbek leader
17/04/2017 00:12
Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev familiarized himself with the projects on organization of production of home appliances in free economic zone “Urgut”.
Uzeltekhsanoat and Ideal Elektro Lyuks in cooperation with Turkish company Odul realizes a project with total cost of US$7 million on production of gas stoves, electric ovens and washing machines. The part of the products will be exported.
Coven Elektro LLC plans to produce vacuum cleaners. The plant will manufacture 30,000 units of products a year.
Uzbek leader received information about projects in the pharmaceutical sphere, realized at support of National Bank of Uzbekistan for Foreign Economic Activity.
Projects on developing healthcare, household services and further popularization of sports are also presented.
Uzbek President signed a decree “On creating free economic zones “Urgut”, “Gijduvan”, “Qoqand” and “Hazarasp” on 12 January 2017.
According to the document, Urgut-1 in Urgut district, Urgut-2 in Nurabad district and Urgut-3 in Pastdargom district of free economic zone “Urgut” were created.
The projects on organization of light industry, electronic products, medical equipment, pharmaceuticals, leather-footwear, office supplies and construction materials will be realized in the zone.
In 2017-2018, it is planned to realize 83 projects, of which 20 projects will be completed this year.
These projects, valued at $ 250 million, will be financed due to loans of the commercial banks and funds of the funders.
President noted necessity to establish systematic work to organize the activities of this strategic zone, to attract entrepreneurs to the zone, to study the activities of industrial zones abroad and to introduce best practices.
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