Prospects for construction of a plant for production of vegetable oil in Jizzakh region discussed
19/04/2019 16:20
Prospects for construction of a plant for production of vegetable oil in Jizzakh region discussed
19/04/2019 16:20
Tashkent, Uzbekistan (UzDaily.com) -- On 17 April, National Agency for Project Management under the President of the Republic of Uzbekistan hosted a meeting with the representatives of the KISS GROUP (Hungary).
The meeting discussed the ongoing work of the Agency for the implementation of the pilot project “Ilgor Hudud” (Advanced Region), which envisages the transformation of Jizzakh region into an advanced region, including, inter alia, the active attraction of investments and the organization of high-tech production.
In particular, a preliminary agreement was reached with the Hungarian side on the implementation of a joint project to organize the production of vegetable oil in Jizzakh region (construction of a plant with a production capacity of 100,000 tonness of oil a year). The products are planned to be sent both to the domestic market and for export.
On the same day, the second meeting with invited representatives of interested ministries and departments was held, during which issues on the selection of the territory for the plant construction, the possibilities of growing sunflower and other oil seeds in Jizzakh region to provide the plant with the necessary raw materials, as well as the selection or creation of an organization, coordinating seed cultivation (for example, an integrating organization) were discussed.
In addition, questions were raised about the availability or creation of storage for the harvest, suitable outlets for the sale of vegetable oils and side (secondary) products from seeds that can be used as animal feed. An important issue was the discussion of creating a logistics network for collecting seeds (harvest) and transporting the produced vegetable oil to consumers.
The Hungarian delegation are planning to visit Jizzakh region on 18-19 April to familiarize with plots suitable for growing crops, visiting a possible plant construction site and inspecting ongoing projects in the free economic zones.
The project is a practical embodiment of the Memorandum of Understanding between the Agency and the Hungarian company for the implementation of the project “Construction of a plant for the production of vegetable oil in Jizzakh region”, signed following negotiations with the leadership of the KISS Group on the fields of the Uzbek-Hungarian Business Forum 5 - 6 March 2019 in Budapest (Hungary).
It should be noted that the Forum was held within the framework of the meeting of the intergovernmental commission on economic cooperation between the Republic of Uzbekistan and Hungary with the participation of representatives of the business circles of the two countries.
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