15.02.2021

On February 15, President Shavkat Mirziyoyev got acquainted with the presentation of developed investment projects for the Jizzakh Region.

The head of state was provided with information about 515 projects to be implemented in the region this year. The total cost of these projects is 35.5 trillion Uzbek soums.  As a result of their implementation, it is expected to create new enterprises with a total production volume of 25 trillion Uzbek soums per year and almost 23 thousand jobs. There will be opportunities to replace imports at the amount of $264 million and exports of goods at the amount of $311 million.

The construction materials industry, automobile and textile industries, as well as agriculture have great potential in the Jizzakh region. These areas have been defined as «drivers», while developing the projects.

Thus, it is planned to implement 8 projects in the construction materials industry. These include the production of basalt fiber and various materials made from it. At present, a land plot valued at 723 billion Uzbek soums has been allocated for this project. The enterprise is expected to start operating in the third quarter of this year and create 205 jobs.

Promising projects for the production of high-grade cement, concrete slabs, rebar and geogrid were presented as well.

A number of projects are also planned in the automotive industry. Thus, the project for the production of minibuses, commercial vehicles and trucks is of a great importance for the domestic market. It is planned that the plant will be put into operation by the end of this year, it will employ 500 people.

The project to create a textile plant in the city of Jizzakh will be an important contribution to the advanced processing of local raw materials and increase the employment of women. Construction of the $39 million facility will begin this summer, with production scheduled to start next year.

The cultivation, processing and export of medicinal plants in mountainous areas is one of the reserves that the head of state pointed out the need to use. Today in our country there are 7 clusters specializing in this area. In particular, the cluster «BMB Trade Group» is establishing the cultivation and processing of saffron in the Bakhmal district. As a result of the project at the amount of more than $30 million, 200 people will be employed.

A number of projects on the development of animal breeding, poultry industry, processing of meat and dairy products and the production of silk fabrics have been presented.

During the presentation, the economic efficiency and sources of financing of these projects, as well as issues of infrastructure support have been discussed.

President Shavkat Mirziyoyev highlighted that the potential of the Jizzakh region is huge and allows the implementation of many more major projects. It was instructed to take measures to deepen localization in textile industry and production output, to ensure food security through the cultivation of fruit and vegetable crops in demand on newly developed lands, as well as to attract the foreign investment to extraction of minerals.