Tashkent, Uzbekistan (UzDaily.com) —  President of Uzbekistan Shavkat Mirziyoyev was introduced to new investment projects planned in the Navoi region.

Over the past seven years, more than US$3.5 billion has been invested in the region, contributing to the creation of 64,700 jobs and ensuring an export potential of US$1.2 billion per year. Currently, 577 projects worth US$2.1 billion are being implemented in the region.

Efforts to attract investments are ongoing: foreign investors and local entrepreneurs have developed over one hundred strategic and large-scale projects with a total value of US$26.8 billion. The president was presented with 12 of these projects.

The projects involve companies from the USA, France, Germany, Austria, Russia, the UAE, Qatar, China, Japan, Korea, and Turkey, covering industries such as chemicals, energy, mining, electrical engineering, medicine, construction, textiles, and light industry.

In particular, in the Karmana district, projects worth 2.5 billion soums per year are planned with China, including the establishment of an industrial park for the production of chemical products and building materials, as well as a factory for manufacturing wind turbine blades.

In the same district, collaboration with Russia is planned for the production of aluminum packaging for the food industry. In cooperation with Turkey, mining and processing of 370,000 tons of phosphate rock per year is planned in the Konimeh district, along with the production of phosphoric acid and mineral fertilizers. A project with Austria is also planned for the production of 170,000 tons of sodium salts and caustic soda in the city of Navoi.

These projects will create over 17,800 jobs. The president instructed to provide assistance to the initiators in organizational and financial matters and to expedite the implementation of the projects.