During a visit to the Yangi Avlod (New Generation) special industrial zone project in Yangihayot district of Tashkent on Saturday, President Shavkat Mirziyoyev pointed the importance of such projects for the capital.
“Such projects are like the air we breathe. If there are two, four, five such zones in each district, Tashkent will turn into a real industrial zone, as we are aiming. If we fail to treat investors with respect, we will not be able to bring the GDP to $200 billion. Tashkent should become an example in this area. Tashkent should attract $10 billion in investment,” the head of state said.
A report on the Uzbekistan 24 TV channel highlighted that the president also had ordered to move the industrial enterprises from the city downtown.
The chief of the representative office of China CAMC Engineering (CAMCЕ) in Uzbekistan said that the company plans to build the infrastructure of the industrial zone and become one of its main investors.
The presidential press service also reported that CAMCE would manage the industrial zone, attract investors and develop infrastructure.
A company executive said that the industrial zone plans to attract Chinese investors from the food processing, automotive and textile industries, as well as the production of electrical products. According to him, more than 40 companies have expressed interest.
CAMCE and the Management Company of the Yangi Avlod Industrial Zone announced a joint company.
The Director of the Chinese JAC Motors for Central Asia, Yu An, said that the company's plant will be located on 30 hectares of the industrial zone and will be able to manufacture 50 thousand minibuses per year. The first products are expected to be manufactured in Q2 of 2025. The project is estimated at $135 million.
It is planned to set up laboratories, research centers, conference halls and retail spaces on the territory of the zone. A training center with dual training will also be created, thanks to which specialists for industrial enterprises will be trained here.
In total, 47 projects worth $1.375 billion are planned to be implemented in the zone in such industries as food industry, production of construction materials, electrical engineering, mechanical engineering and chemical products. These enterprises are expected to create about 12 thousand new jobs.
As the president noted, the zone's enterprises will work in cooperation with leading international brands. Among them are DP World, JAC Motors, Krantas, Acec Japan, East Can Solutions, EAS and Evyap, which plan to manufacture products with high added value, to be marketed abroad.
