Large investment projects that are planned to be commissioned in 2021 were presented to the President of Uzbekistan

Yesterday, after returning from Jizzakh region, President Shavkat Mirziyoyev became acquainted with the progress of implementation and promising investment projects, reports “Dunyo” IA correspondent.

According to the Press Service of the President of Uzbekistan, first, there was a presentation of large investment projects that are planned to be commissioned by commercial banks in 2021.

Systemic work is being carried out in Uzbekistan on the production of export-oriented and import-substituting products with the involvement of modern technologies. In particular, in 2021, commercial banks are scheduled to finance large investment projects worth 120 trillion UZS.

14 major investment projects worth about $1 billion have been developed in the production of construction materials, textile products, agriculture, petrochemical industry, mechanical engineering and other areas.

Thus, a project for the production of plastic bags and soft containers was launched in Syrdarya, as a result of which 2 thousand people were employed. Uzsanoatqurilishbank plans to implement a project worth $94 million for the production of nonwovens of the spunbond-meltblown type that have no analogs in Central Asia.

In general, within the framework of the projects, it is planned to organize the production of special equipment, polymetallic products, geosynthetics, building boards based on mineral wool pipes, glass and other building materials, to organize fruit and vegetable clusters and small industrial zones.

The Head of the state gave instructions on taking into account the socio-economic potential of the regions in the implementation of projects, improving industrial infrastructure, creating clusters and technology parks.

President Shavkat Mirziyoyev was also informed about the implementation of investment projects in Tashkent city. It was noted that according to the program of socio-economic development of Tashkent in 2020, $3.7 billion was spent from all sources of financing. 306 projects worth more than 11 trillion UZS were implemented, and about 13 thousand people were employed.

DSK Binokor LLC in Bektemir district organized the production of reinforced concrete products with the involvement of 504 billion UZS of investments, and Bek Mega Textile company in Sergeli district established the production of textile products at the expense of 119 billion UZS investments.

1,277 investment projects worth more than 109 trillion UZS were formed in continuation of activities in this direction for 2021-2023. It is expected that almost $4.9 billion of this amount will be foreign investment and loans. The implementation of these projects will create about 86 thousand jobs.

This year, $4.1 billion will be invested in these projects from all sources. It is planned to launch 454 projects and employ about 29 thousand people.

The Head of the state gave instructions on timely and high-quality implementation of the submitted projects under modern requirements.

/“Dunyo” IA/.