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Jewelry production plant launched in Uzbekistan’s Tashkent

Uzbekistan Materials 15 January 2021 17:10
Jewelry production plant launched in Uzbekistan’s Tashkent

BAKU, Azerbaijan, Jan. 15

By Klavdiya Romakayeva - Trend:

Gold Moon Tashkent LLC's new jewelry production plant worth about $21 million has been launched in Chilanzar district Uzbekistan’s Tashkent, Trend reports referring to the press service of the president of Uzbekistan.

On May 8, 2019, the president of Uzbekistan Shavkat Mirziyoyev set the task of bringing jewelry production to an industrial level. Soon after that, on May 18, the president's decree "On measures for the accelerated development of the jewelry industry in Uzbekistan" was adopted.

In accordance with the document, favorable conditions have been created for the active attraction of foreign investment in the sphere, all-round support for domestic manufacturers in the production of competitive and high-quality jewelry.

It is reported that Gold Moon Tashkent LLC, launched in the Chilanzar district of the capital of Uzbekistan became the results of this work was. The enterprise with jewelry production with a capacity of six tons per year is worth about $21 million.

In addition, the enterprise is equipped with modern equipment from Italy, Germany, and Turkey. More than 400 jewelers adopt the experience and skills of Italian designers and technicians.

It was also noted that thanks to modern design and high-quality workmanship, the products of the jewelry factory, created on the basis of Fonon, a former research and production enterprise, attract the attention of an increasing number of buyers and replace imports.

“It is planned to export 15 percent of the products to Russia, Kazakhstan, Tajikistan, Kyrgyzstan, Afghanistan, and other countries,” the message says.

According to the information, the enterprise purchases raw materials from mining and metallurgical plants through exchange trading, which is also convenient for local craftsmen. It was noted that the plant supplies them with semi-finished products.

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Follow the author on Twitter: @romakayeva

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