$90 million will be invested in poultry farming in the Kasansay district.
A $90 million project to produce breeding chickens and develop exports is being implemented in the Kasansay district of the Namangan region.
An investment project in poultry farming, valued at $90 million, has been launched in the Kasansay District of Namangan Region. The initiative aims to produce breeding chickens and increase the region's export potential, according to the press service of the Kasansay District Khokimiyat.
Namangan Region Khokim Shavkatjon Abdurazzakov visited the district to review the progress of the project, implemented by Qukumboy Naslli Parranda LLC, and participated in the groundbreaking ceremony.
The project, titled "Breeding Chicken Production and Export Focus," will be implemented on an 85-hectare site.
Financing for the project includes an investment of $30 million from the company's own funds, with the remaining $60 million planned to be raised through bank loans.
After reaching full production capacity, the company intends to begin producing breeding chickens using advanced technologies. The project also includes expanded opportunities for exporting products to international markets.
The project will create 800 new jobs. Completion of all stages is scheduled for the second quarter of 2028.
The launch of this production facility is expected to create a modern and integrated poultry production chain in the Kasansay district.
Furthermore, the project is intended to create new jobs, increase export volumes, and further strengthen the region's investment attractiveness.