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Economy 21/07/2023 CAMC Engineering plans to invest US$16 million in projects in Kashkadarya region
CAMC Engineering plans to invest US$16 million in projects in Kashkadarya region

Tashkent, Uzbekistan (UzDaily.com) -- The Chinese company CAMC Engineering plans to invest US$16 million in projects in Kashkadarya region.

Khokim of Kashkadarya region Murotjon Azimov visits China and held talks with representatives of CAMC Engineering.

The parties agreed to create a tourist and recreational zone "Kainar" in Kitab district. The zone will receive up to 200,000 foreign tourists a year. The Chinese company is expected to develop a master plan for the project.

The parties signed an agreement on the construction of a cable car in Kitab for US$15 million through direct investment.

The Chinese company is ready to attract other Chinese companies for the joint development of a special economic zone near Karshi International Airport.

The transit potential of Kashkadarya region was noted in connection with the construction of the China-Kyrgyzstan-Uzbekistan railway. This road will enable Chinese entrepreneurs to gain access to the Afghan market.

 

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