Economics

Projects worth $6 billion launched in Qashqadaryo

During the President's visit to Qashqadaryo, 69 projects were launched, and the construction of another 92 was kicked off. In particular, an Italian brand is establishing knitwear production, US partners are setting up fruit and vegetable processing, and Chinese investors are building a plant that generates electricity from waste. Together with Russian investors, a cable car, a hotel, and a ski resort worth $300 million will be built in Shakhrisabz.

Projects worth $6 billion launched in Qashqadaryo

President Shavkat Mirziyoyev attended a ceremony to launch and kick off the construction of new projects during his visit to Qashqadaryo region.

As the head of state emphasized, over the past five years, 20 trillion soums were allocated to the region, and 7 billion dollars of foreign investment were attracted. Thousands of projects focused on deep processing of raw materials were implemented, and per capita income increased threefold.

"Now it is necessary to deeply process the grown products within the region itself and create conditions for the population of the oasis to earn a decent income," Shavkat Mirziyoyev said.

For this purpose, 161 projects with a total value exceeding 6 billion dollars were prepared. At the ceremony, 69 projects were launched, and the construction of another 92 was started.

Nearly 7 thousand permanent jobs are being created in 28 industrial enterprises being launched. Italy's "Cotonella" brand is establishing the production of 8.5 million pieces of finished knitwear per year. Another 14 projects in the textile sector are starting in Koson, Mirishkor, and Kasbi districts. It is planned to create 18 thousand jobs through them.

New capacities are also being built in the processing of agricultural products. The "Wosune Food Ingredients Karshi" enterprise, involving American partners, will process 100 thousand tons of fruits and vegetables grown on an area of 3.5 thousand hectares. It is planned that its products worth 40 million dollars will be exported for international brands such as "Nestlé" and "Purina". Meanwhile, Egyptian and Pakistani investors are developing 24 thousand hectares of land in Nishon and Gʻuzor districts, launching potato cultivation and livestock projects.

Three hydroelectric power stations with a total capacity of 24 MW were launched on the Oqsuv River. In Qarshi district, it is planned to launch a $150 million plant that produces electricity from waste with the participation of China's "Shanghai SUS" company by the end of the year. In addition, nine micro-hydroelectric power stations with a total capacity of 58 megawatts will be built in Kitob, Yakkabogʻ, and Shahrisabz districts.

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