The Investment

In early 2019, Uzbekistan will launch the production of ambulance cars based on the technologies of the French Peugeot Citroen Automobiles

According to Rustam Rajabov, Acting Director General of GM Uzbekistan, it is planned to launch the production of two types of modern ambulances at a new plant in the Jizzakh region.

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China to invest in Uzbek sericulture

The Uzbekipaksanoat Association officials have met with representatives of Chinese companies, who intend to invest $276 million this year in the development of the silkworm industry in Uzbekistan.

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39 projects worth $251.4mn set to be implemented in FEZ "Navoi"

18 enterprises were established in the Free Economic Zone "Navoi" in cooperation with South Korea, Britain, Italy, China, United Arab Emirates, India, Singapore and Russia. The total volume of investment amounted to $124 million, with more than 900 new jobs created.

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Drilling operations start at Mingbulak deposit in Namangan region

Drilling operations have started in Namangan region, in accordance with the Decree of the President of the Republic of Uzbekistan "On measures on implementation of investment project for exploration and development of Mingbulak deposit”.

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A new cement plant Karakalpak Cement has been commissioned in the Karauzyak district of Karakalpakstan

The project will be implemented in three stages. Its total value exceeds $40 million. $17 million of investment was disbursed at the first stage, which has been fully completed to date. The second stage will be carried out by the end of the current year. The enterprise has already provided employment for more than 200 people.

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President of Uzbekistan Shavkat Mirziyoyev has approved the Program for Further Development and Modernization of the Coal Industry by 2021

The document was approved due to serious shortcomings revealed in the work of the Uzbekugol company. They mainly lied in inefficient operation of equipment, weak production discipline, serious lag in modernization of capacities and implementation of certain investment projects.

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A joint venture Uztex Uchkurgan has been commissioned in Uchkurgan district of Namangan region

The new well-equipped factory was built on the site of the former Namangan silk fabric factory. The company’s processing capacity exceeds 7,000 tons of cotton fiber. Uztex Uchkurgan has created 300 new jobs. The yarn manufactured is mainly export-oriented.

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Uzbekistan expects to implement 15 major investment projects in the light industry totaling over $178 million by the end of this year

In Uzbekistan, light industry is the fundamental, multi-profile, investment and innovation-attractive sector of the economy. It contributes to the effectiveness of large-scale production of economically viable and environmentally safe goods, import substitution, and enhancement of the country's export capacity.

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