A plant for the production of aluminum cans for drinks will be built in Navoi region

    Industry 15 October 2024 231

    The Ministry of Investment, Industry and Trade signed an investment agreement on the implementation of the project "Construction of a plant for the production of aluminum cans for beverages on the territory of the Special Industrial Park "Navoi Industrial Development Complex" with JSC "Arnest Packaging Solutions" (AUR).

    According to the document, the investments of AUR JSC will amount to about $ 100 million, the capacity of the enterprise is over 1.5 billion cans per year. The company will create more than 200 new highly qualified jobs. The plant is scheduled to be launched in autumn 2025.

    "The production of aluminum packaging for beverages is a new technology that has not been previously introduced in Uzbekistan. It is planned to export more than 30% of the products produced. The implementation of the project will also become another example of cooperation, when the government of Uzbekistan creates not only favorable conditions for investment in the form of preferential tax treatment and subsidies, but also physically develops infrastructure, offering a foreign investor a ready-made production site that fully meets the technical requirements of a particular production," said Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan Khurram Teshabaev.

    Arnest Packaging Solutions is a leader in the production of aluminum cans in Russia and the EAEU. Localization of production in Uzbekistan will significantly strengthen the company's representation in the export markets in the EAEU countries, Central Asia and Transcaucasia, and will also release export volumes produced in Russia and redirect them to meet the Russian market," said Alexander Isaev, General Director of AUR JSC.