Akfa Group, in collaboration with a Turkish company, has commenced a large manufacturing complex project in Kentucky, USA, the CEO of Akfa Group Jahongir Ortikhodjaev told the Menimcha (In My Opinion) program on the Uzbekistan 24 TV channel.
According to him, the new plant will manufacture aluminum items, automotive components, parts for solar panels, and windows.
$105 million in investments will be drawn in the first year, with the total investments to be brought to $600 million, said the entrepreneur.
Jahongir Artykhodjaev served as the mayor of Tashkent from 2018 to 2023. Currently, he owns equity shares in O’zgazloyiha, J-United Group, Ekzotella, Akfa Logistics, Tourism And Entertainment Group, Akfa Engineering And Management, Greensun Element Group, Akfa Dream World, Artel Electronics, Build Infinity, Akfa Accessories, Primary Enterprise, High Level Investment, Infinity Confidence, Akfa Aluminium, Dreams Island, Adw-International Congress Hall, Osten Technologies, Jahon School Maktabi, and others. Some of these companies own other companies.
In December 2024, at a meeting with the president, he reported on plans to open six new hotels with 1,200 rooms in the capital "united in a single ecosystem." He also unveiled plans to build a large clinic in collaboration with an American medical center from Cleveland.