Uzbekistan to spend $74 mln to upgrade food industry’s enterprises until 2015

Business Materials 9 December 2011 20:44 (UTC +04:00)

Uzbekistan, Tashkent, Dec.9 / Trend, D.Azizov /

Uzbekistan will spend $74.1 million to upgrade and increase of production facilities and organization of new enterprises in the sphere of food industry in 2012-2015, a source in the Uzbek government told Trend on Friday with reference to this sector's development program, approved by the government.

In particular, it is planned to implement more than 70 projects in 33 enterprises of oil and fat industry to increase production of margarine products by 27.8 percent - up to 23,000 tons in 2016, butter - 54.8 percent - up 6,500 tons, vegetable oil - by 7.6 percent - up to 274,400 tons.
It is planned to construct and reconstruct 104 enterprises, including construct 78, reconstruct 26 enterprises in accordance with modern standards as part of measures to expand and develop fruit and vegetable industry.

This will help to commission enterprises for processing of 63,100 tons of fruit and vegetable products and grapes annually.

In total by 2016 the country plans to produce 610 million conditional cans of fruit and vegetables compared to 460 million conditional cans in 2011, 155,000 tons of dried fruits (123,000 tons in 2011), 220 million conditional cans of fruit juice (155 million conditional cans) and 35 million cans of tomato paste (30 million conditional cans in 2011).

The program is envisaged to be financed at the expense of foreign investments and loans totaling $36.5 million, domestic banks' loans - $19.2 million and enterprises' own funds totaling $18.4 million.