Activities of major investment projects of Surkhandarya region studied

On September 19 of the current year the Government commission on questions of foreign trade, investments, development of local industry and technical regulation under the authority of the Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev and consisting of heads of ministries, departments and commercial banks visited Surkhandarya region for studying the current condition of social and economic development of the region.

The first address to see the opportunities was Termez National Carpets LLC, which specialises in carpet production. The cost of the project, launched this year, is 236 billion sums. Equipment from Germany, Belgium and Turkey was installed at the plant. The production capacity of the plant, which employs about 250 specialists, is now 4.5 million square metres of products a year.

The next major investment project in the plane is Termiz-Agro-Impex LLC, worth $2.2 million. The enterprise produces 300 tonnes of agricultural produce a year, 80% of which is exported. This company employs 45 people and has its own cold storage facilities.

During the local dialogues, entrepreneurs shared their problems and proposals for improving the attractiveness of republic investment. Responsible executives were instructed to take steps to solve all the issues raised and to develop constructive proposals when preparing comprehensive solutions at the republican level.