Uzbekistan to build new sugar factory for 110M euros

Business Materials 22 January 2019 16:07 (UTC +04:00)

Baku, Azerbaijan, January 22


Uzbekistan will implement a joint project with Belgium to organize the manufacturing of sugar products in the country with a design capacity of 500 tons for a total amount of 110 million euros, of which 85 million euros will be of foreign investment, Trend reports with reference to UzNews.

At the meeting of Uzbek Ambassador in Belgium Dilyor Khakimov with the General Director of Belgian company De Smet Engineers & Contractors Marc d'Udekem d'Acoz and its Chief Financial Officer Jean d’Clark, the commissioning of sugar production was discussed.

It was noted that the launch of production will increase the food potential and create new jobs in the country.

Nowadays, there are more than 10 thousand enterprises for food manufacturing in Uzbekistan.

DSEC is a European company specializing in the design and construction of factories for the production of sugar, edible oil, biofuels and biochemicals with a turnover of 200 million euros. The company has implemented more than 50 large projects in more than 30 countries around the world since its inception.