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    Shavkat Mirziyoyev: Both entrepreneurs and people should receive income

    Uzbekistan 7 October 2021 1088

    On October 7, President Shavkat Mirziyoyev arrived in Syrdarya region, where he got acquainted with the activities of Sirdaryo Mega Lux joint venture.

    Last year, the production of large-capacity polypropylene bags was launched here. These bags, also known as flexible containers, can carry loads between 500 and 5,000 kilograms. They are widely used today in manufacturing, trade, agriculture, and logistics. Sirdaryo Mega Lux is capable of producing 132 million of these containers per year.

    The enterprise, consisting of seven buildings, is consistently developing. In May this year, the production of the double-layer film was launched. Production of stretch films and nonwovens using spunbond technology will begin in the coming months.

    Currently, more than 2 thousand people work here. When these projects reach their full capacity, the number of jobs will reach 5 thousand.

    The company exports its products to 14 countries, including Russia, Israel, Belarus, Ukraine and Kazakhstan. New projects will serve to increase the volume of exports to $215 million.

    The Head of the state was also provided with information on future projects.

    So, in the next five years, it is planned to create a technopark for the production of polymer products and implement eight projects worth $350 million. For this, they will attract investments for $260 million and technologies from Germany, Italy and Austria.

    The President noted the need for paying special attention not only to the economy, but also to the social efficiency of projects.

    “The raw materials for these products are in our homeland. If we use this wisely and ensure a balance between price and quality. Our products will be competitive. It is necessary to deal with not only economic, but also socio-economic projects. Both entrepreneurs and people should receive income”, said Shavkat Mirziyoyev.

    Instructions were given to double the volume of production and to build housing for workers.