BAKU, Azerbaijan, July 20
By Ilkin Seyfaddini - Trend:
Uzbekistan’s agricultural product processing company Asadbek Gisht Sanoati LLC is increasing its production volumes, Trend reports with reference to Uzbekistan National News Agency.
“In the near future, Asadbek Gisht Sanoati LLC will buy new equipment from Turkey, in order to increase production volumes and create additional jobs. Asaka Bank has allocated $890,000 of financial aid to modernize the enterprise,” the message said.
The enterprise, which processes agricultural products in Namangan region, produces over 70 kinds of pickles, fruit juices and tomato paste.The enterprise started its activity three years ago with 25 workers, now the enterprise employs over 90 people.
Pickles, tomatoes, hot pepper, tomato paste, juices and jams from different selected fruits and berries are in great demand both in Uzbekistan and abroad, the message said.
In the first half of 2020, products worth $100,000 were exported. By the end of the year it is planned to increase the export of products up to $500,000.
Earlier, Asaka Bank, in the conditions of the COVID-19 pandemic, provided privileges to Uzbek Crafers LLC confectionery manufacturer on credit payments for almost $8 million.
---
Follow author on Twitter: @seyfaddini