The Investment

Chinese companies are planning to implement a project to extract tungsten, molybdenum and copper in the Samarkand region

It will be carried out on the Ingichka plateau near the town of Kattakurgan. Recently, representatives of a number of companies from China traveled there to conduct an initial study of the opportunities and conditions for the implementation of the project.

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The Saudi Sheikh Mohammed Abdul Aziz Al Ajlan intends in the coming years to invest over 2 billion US dollars in regional projects in Uzbekistan

The Sheikh is planning to build factories for processing raw cotton and silk in Bukhara, Andijan and Samarkand regions.

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Growing Interest of Investors

Deepak Rein, a representative of one of Asia’s leading corporations, the Singapore-based holding company Indorama, has visited the Syrdarya region to study investment opportunities and discuss launching new productions.

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Textiles Expand Export Horizons

In the city of Ahangaran, Tashkent region, the textile company Trend Tex, specializing in the production of children’s and women’s clothes, has started its work.

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The Chinese company Changan Automobile Group intends to organize the production of electric vehicles in the Ferghana Valley

Talks were held recently in the Ministry of Innovative Development of Uzbekistan. Representatives of the Chinese company expressed their intention to consider the possibility of building an assembly line for electric vehicles with prospects of localization.

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Head of Ajlan & Bros Group visits Uzbekistan

A delegation led by the head of Ajlan & Bros Group Sheikh Ajlan Ibn Muhammad Abdulaziz visited Andijan region.

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At the Tudakul reservoir in the Kyzyltepa district of Navoi region, the joint venture Aqua-Tudakul has built an incubation shop for the cultivation of fish fry on the basis of Vietnamese technology

The joint venture, created by the Uzbek company Shams-Navoiy from Navoi and the American CASEF, plays an important role in the development of fish farming in the region. Currently, the company is working on the adaptation of the existing building for the processing of 1,000 tons of fish per year.

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Hyundai Factory to Emerge in Uzbekistan

During his trip to the Namangan region on May 2-3, President Shavkat Mirziyoyev noted that the province has no large production enterprises and that a project is pending to build an automobile plant.

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