Mingyuan Silu Industry plans to build a technology park for $1 billion in Zamin

In Uzbekistan's Jizzakh Region, 50 investment projects totaling $6.1 billion are planned for implementation. The project to build a factory by Chinese manufacturer BYD in the Special Economic Zone "Jizzakh" is valued at $160 million.

Chinese company Mingyuan Silu Industry intends to construct an industrial technopark for $1 billion in the Zaamin District of Jizzakh Region.

Another project by Mingyuan Silu Industry involves expanding annual production of glass and sanitary ware to eight million square meters in Jizzakh. The project is valued at $150 million, of which $35 million will be invested this year. Additionally, 500 jobs will be created, and budget revenues are expected to reach 14 billion Uzbek som.

As a result, it is planned to employ 700 people and produce up to 16 million tons of products annually. Half of the investments will be directed this year, and budget revenues are estimated at 12.6 billion Uzbek som.

Furthermore, local companies Mirzachul Agroklaster Group and Paxtakor Teks plan to invest $55 million in establishing new production capacities in the Mirzachul and Paxtakor districts of Jizzakh Region.

Source: spot.uz