BAKU, Azerbaijan, Jan. 22
By Klavdiya Romakayeva - Trend:
The total cost of the project creation of Bukhoro Varnet enterprise in Bukhara region in Uzbekistan amounted to more than $120 million, the entire amount is foreign direct investment, Trend reports referring to the press service of the president of Uzbekistan.
President of Uzbekistan Shavkat Mirziyoyev acquainted with the new capabilities of Bukhoro Varnet agro-industrial complex during his visit to Bukhara region.
According to the information, the soil in the Bukhara region is predominantly sandy and saline, and there are few water resources. It was noted that the hydroponic method is very convenient for growing agricultural products in such places.
To this reason, Bukhoro-agro a free economic zone was created by the presidential decree of July 10, 2018. Three thousand hectares of land have been allocated for this zone in the Dzhandar, Kagan, Peshkun, Romitan and Bukhara regions.
It was noted that direct investments have been attracted and broad conditions have been created for growing, processing and exporting agricultural products through the cluster system.
To date, $10 million of capital investments from abroad have been implemented, a greenhouse on 13 hectares has been built and more than 260 jobs have been created. It is reported that construction is underway on another 17 hectares.
Also, products worth about 20 billion soums ($1.9 million) were produced last year at the complex and goods worth $1 million were exported.
“This year it is planned to attract $26 million in foreign direct investment,” the message says.
In addition, some 113 hectares of land have been allocated for the enterprise, which, upon reaching full capacity, will have a production capacity of 33,800 tons per year, which will help create a total of about 2,000 jobs.
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