FEZ URGUT: THOUSANDS OF NEW JOBS
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The Liberal Democratic Party of Uzbekistan (UzLiDeP) has organized a meeting with the participation of deputies, entrepreneurs, business people, youth and the general public in the Urgut Free Economiс Zone. They discussed the tasks identified during the President’s visit to the Samarkand region on the further development of the economic zone.
It was noted that the territory of the “Urgut-1” in the Urgut district, “Urgut-2” in the Nurobod district and “Urgut-3” in the Pastdarghom district were created under the relevant presidential decree. 816 hectares of land were allocated for these territories; the work has already began on providing them with the necessary engineering and communication infrastructure.
The projects to organize the production of light industry products, household appliances, medical equipment, pharmaceutical, leather-shoe products, stationery and building materials are realized on the territory of "Urgut-1". In 2017-2018, 83 projects are planned to be implemented, 20 of them will be completed this year.
These projects with a total cost of $ 250 million will be financed through the loans from commercial banks and founders’ funds. As a result, 5.5 thousand new jobs will be created.
“In the second half of this year, it is planned to launch a joint Uzbek-Turkish venture on the production of polyurethane with a capacity of 15,000 tons", said the deputy director of the Free Economic Zone Gayrat Abdurahmatov. “The total cost of the project is more than $ 6.2 billion. It is planned to create more than 65 new jobs at this enterprise”.
To date, 40 industrial and 19 joint ventures is operating in the region that provide 1,2 thousand people with the work. Last year, 20 types of industrial products were produced with the cost of 157.6 billion soums, the total amount of exports was $ 10 million. In particular, there is produced the carpets and rugs made of local raw materials, synthetic fibers, electric stoves, gas stoves, disposable plastic items, polymers, glue and other products.
“The activities of free economic zones play a significant role in socio-economic transformations”, a deputy of the regional Kengash of people’s deputies Otabek Akhtamov noted. "This puts great responsibility on the people’s representatives, and we defined their specific tasks in this direction. Deputies will meet once a quarter with work in the FEZ Urgut, assist in solving the emerging problems”.
