Shavkat Mirziyoyev gave instructions on attracting additional foreign investments

“Investment portal of Uzbekistan”

Citizens of 76 countries will be able to get an electronic visa to Uzbekistan (List)

Uzbekistan announces visa waiver for citizens of 45 countries (List)

Important Visa Information for Indian Citizens Travelling to Uzbekistan

April 14, 2018

Shavkat Mirziyoyev gave instructions on attracting additional foreign investments

At the exhibition of industrial goods, which was organized within the framework of the visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Syrdarya region, much attention by the President was paid to trays and pipes produced by “Crocus Uz compozite” enterprise from local raw materials. Products based on fiberglass, quartz sand and essential oils are much stronger, cheaper and more durable than concrete.

– This product is not only useful for Syrdarya region, but also for the whole country. Innovative approaches are very important for reducing water losses and increasing efficiency in agriculture. It is necessary to widely promote these products among farmers and dehkans, – said the Head of the country.

“Maker International Uzbekistan” enterprise in Bayaut district will obtain natural medicinal extract of marigolds. Under this project, it is envisaged to allocate a thousand hectares of land, where 30 thousand tons of these flowers will be grown. This volume is sufficient to produce 300 tons of extract. The plant stems will be used to feed cattle.

As a result of implementation of this project, medicines in the amount of 10 million dollars will be produced annually. 200 people will be permanently employed and more than 1000 people will be provided with seasonal jobs. China, the USA, Spain, Mexico and European countries are promising markets for this product.

It is possible to receive profit up to 5 thousand dollars from each hectare of marigolds plantation. The plant extract strengthens immune system, lowers blood pressure, has antiviral properties. Initiators of the enterprise are planning to broaden obtaining semi-finished products and establish production of finished medicines.

The President of the country instructed to expand the area of plantations of marigolds by 2 thousand hectares, to bring their total area up to 5 thousand hectares at the expense of other regions and to increase the volume of exports.

During the presentation, the Head of the state was also informed about production project of sanitary ware, brass valves, fittings, ceramic plates, door locks at “AWP” joint venture, which is part of “Peng Sheng” complex in Syrdarya region.

Shavkat Mirziyoyev gave instructions on creating more jobs, attracting additional foreign investments for production of products from local raw materials.

On the same day, a meeting with participation of the region’s activists was held at children’s music and art school No.8 in Saykhunabad district. At the meeting, issues of development of the region’s economy, improvement of the spheres of education, healthcare and employment of the population were discussed.

Thereupon, the visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Syrdarya region ended.