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Uzbek-Swiss joint venture increases its exports

Business Materials 31 August 2020 11:08 (UTC +04:00)
Uzbek-Swiss joint venture increases its exports

BAKU, Azerbaijan, Aug. 31

By Ilkin Seyfaddini - Trend:

Uzbekistan’s Samfruit LLC increases its exports by 70 percent in the first half of 2020, Trend reports citing the nuz.uz news agency.

“Within the framework of the investment program for 2020, financially supported by the new shareholder British American Tobacco Uzbekistan Ltd., the newest sprinkler irrigation systems began its operations. This system, which is still very rarely seen in the fields of Uzbekistan, allows increasing the yield of agricultural goods by 50 percent in contrast to traditional irrigation methods and significantly increases the indicator of rational use of water resources,” the message said.

For several years, the enterprise has been carrying out the selection of seeds of crops, which were not previously grown in Uzbekistan and can be adapted to local climatic conditions such as green peas, chicory, leek, feather onion, and medicinal herbs.

The products manufactured by the company are exported to the EU countries, the US, and Japan and are in high demand in the of European and Asian markets. Furthermore, this year the company started growing asparagus.

"In the short term, the company plans to launch new production lines for processing and drying of agricultural products, in addition to expanding exports to new markets in Europe and Asia".

Uzbek-Swiss JV Samfruit LLC was founded in 2002 in the Samarkand region of Uzbekistan. The company covers 10 hectares with its greenhouses for growing seedlings in Samarkand district of Samarkand region, as well as Samfruit Organik LLC, where organic products are grown, which is annually certified by inspectors from the Institute for Marketecology (Switzerland).

In 2019, British American Tobacco Uzbekistan became a co-founder of Samfruit LLC and started an 11.5 million investment program to expand its production capacity. These investments allow increasing production capacities of Samfruit LLC from 700 to 4,000 tons of dried fruits, vegetables, berries, and herbs per year.

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