Uzbekistan to launch 226 large industrial and infrastructure facilities

    Industry 12 January 2021 630

    100 technology parks, small industrial zones, territorial clusters and logistics centers will be created in Uzbekistan’s 84 districts and cities in 2021 to further increase the industrial potential of the country.

    More than 500 new investment projects worth over 2.5 trillion UZS are planned to be implemented in new small industrial zones.

    1.6 trillion UZS will be allocated to provide free economic and small industrial zones with the necessary infrastructure. State programs have been developed to gradually modernize 130 thousand kilometers of low-voltage power lines and more than 40 thousand transformers, and restore more than five thousand bridges. Funds for 400 billion UZS will be allocated for these purposes. This will increase the industrial potential of the regions.

    In addition to tax and customs benefits provided to investors for investing in economic and small industrial zones, their level of provision with engineering and communication networks, the availability of transport infrastructure and logistics centers in a particular territory are also of great importance.

    In general, this year it is expected to launch 226 large industrial and infrastructure facilities through the development of investments for $23 billion, inform UzA.