Over the past seven years, more than $3.5 billion in investments have been attracted to the region, creating 64,700 jobs and providing an export potential of $1.2 billion per year. This year, 577 projects worth $2.1 billion are being implemented.
This work continues: foreign investors and local entrepreneurs have formed over a hundred strategic and significant projects worth $26.8 billion.
12 of them were presented to the President.
Companies from the United States, France, Germany, Austria, Russia, the UAE, Qatar, China, Japan, Korea, and Türkiye are investing in the projects. These initiatives cover industries such as chemistry, energy, mining, electrical engineering, medicine, construction, textiles, and light industry.
For example, in cooperation with China, projects for the production of high-value-added products worth 2.5 billion UZS per year will be implemented in Karmana district. This involves the creation of an industrial park specializing in chemical products and building materials and a plant for the production of wind turbine blades.
In the same district, an investment project in partnership with Russia is planned to be implemented – the production of aluminum containers for the food industry. In cooperation with Türkiye, the extraction and processing of 370 thousand tons of phosphorite per year and the production of phosphoric acid and mineral fertilizers will be organized in Konimekh district. A project to produce 170 thousand tons of sodium salts and caustic soda in the city of Navoi is planned with Austria.
These projects will employ more than 17,800 people.
The President instructed to assist the initiators in organizational and financial matters and accelerate the implementation of the projects.