The Government of Uzbekistan included this project to list of new investment projects in industry, which are under development.

The project with the cost of US$1.2 billion will be implemented in cooperation with Indorama group (Singapore). It is planned that Indorama will invest US$600 million to the project and Uzbekneftegaz national holding company will direct US$150 million. Fund for Reconstruction and Development of Uzbekistan will allocate loan for US$450 to implement it.

In line with the document, the capacity of the complex will make up 400,000 tonnes of polyethylene a year.

Mubarek gas-processing plant is unitary subsidiary enterprise of Uzneftegazdobicha and it is one of the largest gas processing plants in the world. It has been commissioned in 1971 and can process up to 30 billion cubic meters of gas.

The enterprise produces several types of products, including stable gas condensate, compressed hydrocarbon gases, technical gas sulfur. The products are realized in internal and external markets.

Indorama Group is already investing into textile industry of Uzbekistan. By the end 2013, the company plans to invest US$55 million to organization of textile production at the incomplete complex Qoqand Textile Combine.

Indorama and National Bank for Foreign Economic Activity of Uzbekistan created joint venture with the charter capital of US$20 million. The share of Singaporean side is 76% and NBU – 24%.

After commission in 2013, Qoqand Textile Combine will process about 16,000-20,000 tonnes of cotton-yarn a year.

It is expected that the enterprise will annually export yarn to textile enterprises at the volume of US$26 million – US$32 million.