BAKU, Azerbaijan, November 3. Uzbekistan has
launched 55 investment projects worth $654 million and started
construction on another 90 projects valued at $7.1 billion in the
Bukhara region, as part of a broader $7.8 billion development
program covering industry, energy, tourism and infrastructure
during President Shavkat Mirziyoyev’s visit to the region on
Tuesday, November 3.
According to the presidential press service, the projects were
presented during President Shavkat Mirziyoyev’s visit to Bukhara
region, where he attended a ceremony marking the launch of new
facilities and the start of construction on future
developments.
The program includes 145 projects across petrochemicals,
textiles, construction materials, machinery, energy, mining,
pharmaceuticals, digital technologies, logistics, agriculture, food
production, housing and tourism.
The initiatives involve investors from the U.S., Canada,
Germany, Japan, South Korea, Singapore, China, Vietnam, Türkiye,
the UAE, Saudi Arabia, Russia and India, as well as the Asian
Development Bank, the Asian Infrastructure Investment Bank and
domestic businesses.
Once implemented, the projects are expected to create more than
14,000 jobs, generate annual industrial output worth 22 trillion
soums (about $1.84 billion) and support exports of $510
million.
Mirziyoyev said the region had attracted $9.5 billion in foreign
investment over the past nine years, resulting in the establishment
of more than 6,000 production facilities and the creation of
120,000 permanent jobs.
