The Investment

Production of Hyundai trucks and buses will be established in Namangan

During the trip to Namangan region on May 2-3 this year, President Shavkat Mirziyoyev noted that in this region there are no large production enterprises and soon a project on construction of an automobile plant will be implemented here.

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For the First Time in the Region

A plant for the production of medicinal insulin has begun to operate in the village of Khortum, Andijan region. The factory’s manufacturing capacity is 10 million insulin bottles a year.

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Uzbekistan implements 29 projects within Program of measures for the development of the textile and sewing and knitting industries

In the first quarter of 2018, Uzbekistan launched 29 projects under the Program of Measures for the Further Development of the Textile and Sewing and Knitting Industries for 2017-2019.

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Contribution of Turkish investors to projects of “Urgut” free economic zone

In accordance with the Decree of the President of Uzbekistan of January 12, 2017, activities on implementation of 60 projects worth 196.2 million dollars are being carried out in “Urgut” free economic zone. 6 of these projects are developed with participation of Turkish companies and entrepreneurs.

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A wheat processing enterprise, Atiyaj-Gulzar, has been put into operation in the Takhiatash district of Karakalpakstan.

Outfitted with modern equipment, it daily processes 120 tons of grain, produces 90 tons of flour and 30 tons of bran.

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Art Soft Tex Group has launched a new textile enterprise Buston Trikotaj Mahsulotlari in the Yangikurgan district of Namangan region.

Art Soft Tex Group is one of the major exporters in Namangan. The company specializes in the production of textile and garment products from terry cloth and employs over 700 workers. Most of the goods are exported.

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Turakurgan TPP: Construction Works to Be Complete on Time

The first power unit of the Turakurgan thermal power plant (TPP) will be commissioned in December 2019. The launch of the second power unit and the entire station is scheduled for March 2020. Construction work is gaining momentum.

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Uzbekistan: Innovative Activity to Be Protected by Law

Innovation Activity Act is projected to be approved in Uzbekistan. The bill was published for popular discussion on March 1, and its initiator is the Ministry of Innovative Development.

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