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Economy 01/08/2022 The activity of large investment projects in the Tashkent region was studied
The activity of large investment projects in the Tashkent region was studied

Tashkent, Uzbekistan (UzDaily.com) -- On 1 August, the Government Commission on Foreign Trade, Investments, Development of Local Industry and Technical Regulation under the leadership of the Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev and composed of heads of ministries, departments and commercial banks visited a number of production facilities in Tashkent region.

The goal is to study the current state of socio-economic development on the ground, provide support to entrepreneurs in solving topical issues, develop proposals for using the potential of the region in terms of investment, industrial and export development.

The first address to get acquainted with the opportunities was East Mining Invest LLC, which specializes in the production of autoclaved aerated concrete in the Akhangaran district of the capital region. The cost of the project, launched in 2021, is US$20.5 million, and US$12.7 million has been disbursed to date. At the expense of these funds, among other things, a production line from the leading German equipment manufacturer Wehrhahn was installed. Thus, the production capacity of the plant, which employs about 200 specialists, today is 500 thousand cubic meters of products per year. It is noteworthy that the production mainly uses local raw materials - slaked lime, sand, quartz sand, gypsum, cement, etc. This allows you to control the quality at all stages, and also reduces the cost of the final product.

Another major investment project on the route is Agro Sammix LLC. The cost of the project is US$13.46 million, the production of premixes and feed additives has been mastered here. The capacity of the enterprise is 47.5 thousand tons of protein vitamin and mineral concentrate per year. In the first half of this year alone, products worth 71.34 billion soums were produced, and the export line exceeded US$4.4 million.

Further, the Government Commission visited Central Asia Chemicals LLC, located in the Angren FEZ. Technological capacities, as the representatives of the company said, make it possible to produce sodium laureth sulfate (SLES) and alkyl benzene sulfonic acids (LABSA), which are used as the main raw material in the production of washing powders and detergents. The total cost of the project is US$10.9 million, the production capacity is 60.5 thousand tons of products per year, including finished products: 31.2 thousand tons of washing powder for hand washing and 16.8 thousand tons for automatic washing machines.

On that day, the Commission also got acquainted with the activities of the JV Angren Insulation LLC, which specializes in the production of mineral wool from fiberglass. The cost of this project is US$15.7 billion, and 2.3 million packages of mineral wool are produced here annually in three positions - felt, foil and ordinary rolls. When the enterprise reaches its full capacity, 300 new jobs are expected to be created.

During the field work of the members of the Commission, entrepreneurs presented their vision for the further development and expansion of production capacities, the range and volumes of manufactured and exported products. Proposals were made to improve the investment attractiveness of the republic, as well as issues that entrepreneurs face in the course of their direct activities. Responsible leaders were given targeted instructions to take prompt measures to resolve all the issues raised and work out proposals with their subsequent submission to develop comprehensive solutions at the republican level, the press service of the Ministry of Foreign Affairs of the Republic of Uzbekistan reports.

 

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