This process continues consistently – 124 projects worth $9.5 billion have been formed in Karakalpakstan by foreign investors and local entrepreneurs. Of these, 10 projects worth about $1 billion 800 million were presented today to the Head of state.

Companies from countries such as China, Saudi Arabia, Germany, Russia, and Spain invest in the projects. They cover energy, heat supply, mining and chemical industries, the production of building materials, services, and other industries.

For example, in cooperation with Saudi Arabia, it is planned to improve the centralized heating system in the city of Nukus, build solar and wind power plants in Karauzak district with the participation of Spanish investments, and German investors will implement copper processing and cable production projects in Nukus district.

As a result of the implementation of these 124 projects, more than 20 thousand people will be provided with jobs.

The Head of state emphasized the importance of comprehensive support for entrepreneurs and accelerating project implementation.