Baku, Azerbaijan, Sept. 17
By Fikret Dolukhanov – Trend:
Chinese company Holley Group is planning to invest $200 million in creation of an industrial park in Tashkent, the press service of the Uzbek capital's administration announced.
On Sep. 17, head of the city administration, Jahongir Artykkhojayev, held talks with a Chinese delegation headed by President of the Holley Group Chen Weidong.
"The meeting was devoted to discussion of a project to create the Holley Tashkent industrial park. Direct investment in the project will amount to $200 million. It is planned to attract large Chinese companies operating in the textile industry, pharmaceutics, microelectronics to the new industrial zone, which will create 10,000 new jobs," the press service said.
To open such an industrial zone, Chinese investors need 150 hectares of land in the Bektemir district. Social infrastructure facilities, a logistics center as well as office buildings will be created there, which will promote cooperation between manufacturers.
In the Holley Tashkent industrial park products worth $1.5-2 billion will be produced per year.
The Holley Group was founded in Hangzhou, China, in 1970. To date, the company has a network of offices in North America, Southeast Asia, Europe and Africa
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