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Economy 07/09/2010 First enterprises commissioned in Navoi FIEZ
First enterprises commissioned in Navoi FIEZ
Tashkent, Uzbekistan (UzDaily.com) -- First five enterprises, operating in such sectors as electronics, car parts production, polymers processing and food industry, opened in Navoi free industrial-economic zone (Navoi FIEZ).

Telecom Innovations joint venture started to produce digital TV receivers. The annual capacity of the venture is 50,000 receivers a year. Uzbektelecom and Servetechno Pte. Ltd (Singapore) set up the venture. The total cost of the project is US$1.6 million.

Polietilen Quvurlari will produce 8,600 tonnes of 75 to 630 mm polyethylene pipes a year. The cost of the project is US$7.2 million. The company will export products for over US$5.9 million.

Polipropilen Quvurlari is designed to produce 2,300 kilometers of 16 to 63 mm polypropylene pipes per year. The cost of the project is US$5.2 million. The enterprise will export half of its products, UzA reported.

Uzvtosanoat and Егае cs Ltd (Republic of Korea) established joint venture UzЕгаеCable, which will produce 150,000 km of car cables per year. The total cost of the project is US$13 million. The main purchaser of the products is Uzodji joint venture, which makes car harnesses for GM Uzbekistan plant. Besides, 20% of the production will be exported to GM enterprises in the region.

AgroFresh JV, founded by Markazsanoateksport and Kefayat General Trading Co. (UAE), is capable of storing up to 3,000 tons of fruit and vegetable products. The company has modern Italian refrigerating equipment with a regulated gas environment. The cost of the project is USD 5.03 million. Up to 50% of products will be exported. The company employed over 20 people.

Navoi free industrial-economic zone was founded in December 2008 in accordance with the President’s decree to create favorable conditions for attracting foreign investments to Uzbekistan, create modern highly technological enterprises and develop the country’s industrial potential and industrial, transport and social infrastructure.

At present, 16 projects are being implemented in Navoi FIEZ. Five of them have already started functioning, and seven more are to be launched by the end of this year. The new enterprises will produce energy saving bulbs, LCD monitors, electric gas meters, ready medicines, generators, compressors and instrument sets for GM Uzbekistan cars.

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