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Economy 13/03/2009 Uzbekneftegaz to create several enterprises in Navoi Free Industrial Economic Zone
Uzbekneftegaz headquarters in Tashkent
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekneftegaz national holding company is planning to create several enterprises in Navoi Free Industrial Economic Zone. The company signed agreements on cooperation on several projects at the Seoul conference Free Industrial Economic Zone In Navoi City: New Investment Opportunities for Korean Partners in Uzbekistan".

The company signed agreement with South Korea’s Blitix Co. Ltd on creation of joint production of equipment for gas fuelling compression stations and car gas tanks.

Uzbekneftegaz and Honam Petrochemikal (Korea) will create capacities on production of plastic products.

An international consortium led by Italy’s T&T Sistemi will organize production of car fuel equipment.

The Uzbek company and another Korean firm - DongHo ENC Co. Ltd. - will create enterprise on production and assembly of gas meters.

Uzbekneftegaz developed several projects with the Chinese partners. Tianye and Uzbekneftegaz will produce drip irrigation system, while Baihaihuimin will launch capacities for polyethylene pipe production in Uzbekistan. Tian Jin Ring-Top Petroleum Manufacture in cooperation with the Uzbek collegues will organize production f oil and gas equipment, as well as drilling equipment.

The products, manufactured by these enterprises, will be realized both in internal and external markets, Uzbekneftegaz said.

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