Currency rates from 15/11/2024
$1 – 12800.13
UZS – -0.06%
€1 – 13467.02
UZS – -1.07%
₽1 – 129.02
UZS – -0.87%
Search
Economy 14/10/2024 Projects worth US$26 billion planned for Tashkent region

Projects worth US$26 billion planned for Tashkent region

Tashkent, Uzbekistan (UzDaily.com) — Tashkent region has significant economic potential due to its proximity to the capital and its role as a hub connecting the valleys of the country and international roads. Over the past seven years, investments totaling nearly US$9.4 billion have been utilized in the region, resulting in the creation of more than 143,000 jobs and export opportunities worth US$5 billion.

Continuing this momentum, 125 projects totaling US$26 billion are planned for the period from 2024 to 2026. Among these, there are 21 strategic projects, 52 sectoral projects, and 52 regional initiatives. These initiatives are expected to create 42,000 jobs.

The President was presented with 11 projects totaling US$3.4 billion. Investors include companies from China, South Korea, Turkey, Saudi Arabia, Russia, Azerbaijan, as well as local entrepreneurs. The projects span various sectors, including textiles, food, healthcare, electrical engineering, energy, construction, geology, services, and more, generating 23,000 jobs.

For example, an industrial technopark called "Great Silk Road" will be established in Almalyk in collaboration with Chinese investors. This park will host over 100 projects worth US$1 billion, creating approximately 3,000 new jobs.

In the Zangiatan district, production of medical preparations for treating liver, joint, eye, and brain diseases will be organized with South Korean investors, providing jobs for 200 people.

The President has instructed the creation of all necessary conditions for investors, monitoring each stage of the projects, and promptly addressing any arising issues.

#Shavkat Mirziyoyev  
Stay up to date with the latest news
Subscribe to our telegram channel