BAKU, Azerbaijan, Mar. 2
By Klavdiya Romakayeva - Trend:
Some 29 projects will be implemented in the textile industry in Syrdarya region of Uzbekistan, Trend reports referring to the press service of the president of Uzbekistan.
It is reported that on March 1, President of Uzbekistan Shavkat Mirziyoyev got acquainted with the presentation of investment projects in the Syrdarya region.
According to the presentation, 737 projects have been formed in the Syrdarya region this year. The total cost of the projects amounts to 25.5 trillion soums ($2.4 billion), including $900 million of foreign investment. As a result of the implementation of the projects, it is planned to create production capacities for 11 trillion soums ($1 billion) per year.
It is expected that the new factories will export $326 million worth of products and replace imports by $124 million.
It is reported that more than 200,000 tons of cotton is grown in the Syrdarya region. Thus, if in 2020 in the region the share of local raw materials in the production of knitted fabric amounted 70 percent, in the production of clothing - 75 percent, then in 2021 it is planned to bring these indicators to 100 percent.
In addition, 29 projects are planned to be implemented in the textile industry. As a result, production facilities will be created in the amount of about 818 billion soums ($77 million) and the added value will increase 2.5 times.
As for building materials industry, 16 projects are planned to be implemented in this sphere. For example, the production of tiles will be launched in the city of Yangier, aerated blocks - in the Saykhunabad region, and drywall - in the Khavast region.
Moreover, it is planned to implement 51 projects in the food industry involving the processing of fruits and vegetables, the cultivation and export of mung bean, the organization of a fish-breeding cluster. As a result, the supply of inexpensive and high-quality products to the market will be established, which will contribute to price stability.
Also, nine pharmaceutical projects will be organized in the Gulistan and Syrdarya regions, which will produce infusion solutions, tablets and medical supplies.
The head of state also paid special attention to the project of creating Gujarat industrial zone in the Mirzaabad region. It is reported that an agreement on the creation of the industrial zone was reached between Uzbekistan and India.
It is planned to organize eight projects for the production of equipment for drip irrigation and greenhouses, agricultural machinery units, mini-equipment, plastic products, knitwear and food products. It will be possible to export goods worth $25 million a year.
Currently, 40 hectares of land have been allocated for Gujarat industrial zone. It is planned to attract $100 million of direct foreign investment for its organization. The enterprises are scheduled to be commissioned in 2021-2023.
Furthermore, the head of state gave instructions on high-quality and timely implementation of projects, increasing the output of import-substituting products. He noted the need to develop logistics and expand partnerships with neighboring states, taking advantage of the proximity of the Syrdarya region to the city of Tashkent and the development of the railway infrastructure.
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