INFORMATION DIGEST - PRESS OF UZBEKISTAN - February 8, 2016

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INVESTMENTS
Germany’s Teichmann Group intends to build a plant that will produce cranes and listing machines in Tashkent

SPECIAL INDUSTRIAL ZONE JIZZAKH
Several new enterprises launched at SIZ Jizzakh in 2015

INTERNATIONAL COOPERATION
On meeting of National Coordinators Council of SCO Member States


investments

Germany’s Teichmann Group intends to build a plant that will produce cranes and listing machines in Tashkent

A related memorandum was signed in November last year. This was followed by the first session of the joint working group that discussed the creation of a new plant.

The production facilities will be located at unused premises and inactive buildings of the Tashkent Mechanical Plant. A delegation of the German company is expected to arrive in Tashkent to hold talks that will determine specific types of equipment as well as the scope of investment needed to get the project off the ground. According to plans, the bulk of the products that will be made by the plant will go to the external market.

The German side should present proposals related to the export prospects for products and specific parameters for production and technologies used as well as product localization. Representatives of the enterprise will provide information about the reconstruction plan for the facilities selected and transport communications.

Over the next five years, the Tashkent Mechanical Plant plans to implement 38 projects to the tune of over $390 million.

(Source: «Uzbekistan Today» newspaper)

special industrial zone Jizzakh

Several new enterprises launched at SIZ Jizzakh in 2015

Several large-scale enterprises have been commissioned at the special industrial zone (SIZ) Jizzakh in 2015.

Currently Uzbek-Chinese joint venture Master Bilding Products has established the production of several types of products, Jahon news agency reported.

According to the head of enterprise Akhriddin Mahmudov, the annual capacity totals 400,000 meters of polypropylene pipes for hot and cold water, 200,000 meters of pipes for heating systems, as well as 5.5 million pieces of fittings, valves and accessories for mounting.

Last year, within the framework of investment projects of the Association Uzbekcharmpoyabzali" another two companies were also put into operation.

The first one is JV AUTO Rad Systems for production of automotive brake pads for all types of transport. The production capacity of the enterprise is 397,500 sets a year. The project cost totaled 4 million US dollars. The second enterprise is Master Screw Systems, specializing in the production of metal products, metal profiles and accessories for mounting drywall sheets.

Quyosh issiqlik energiyasi and "Yorqin chiroqlar, which manufacture collectors and energy-saving LED lamps, are operating successfully in SIZ Jizzakh. The Uzbek-British joint venture Roison Home White Goods for the production of modern household appliances was commissioned in December 2015.

About US$26.6 million were directed to the project. It is one of the largest enterprises, which operate in a special industrial zone. The enterprise can produce about 650,000 units of various household appliances - TVs, refrigerators, air conditioners, gas cookers – a year.

Joint venture Juita Gulshana Invest has been launched in the zone. It produces sewing machines and its annual capacity is about 15,000 units of products under the brand JUITA. The project cost is US$1.2 million. Diamond carpet was commissioned in SIZ Jizzakh in late 2015 and it produces carpets.

The project cost is US$6.4 million. It can produce up to 3,000 tonnes of polypropylene yarn and 1.2 million square meters of carpets annually. The factory is equipped with modern high-tech equipment.

In 2016, it is planned to launch over ten new facilities for production of products with high added value. The enterprises will produce such goods as telecommunications equipment, wiring accessories, batteries, modems, ceramic tiles, insulation materials, and more.

In general, domestic and foreign investors intend to implement more than 30 large projects on localization of production based on local raw materials, in coming years at special economic zone and its branch in Syrdarya region.

(Source: UzDaily.com)

International cooperation

On meeting of National Coordinators Council of SCO Member States

On February 2-5, 2016, a regular meeting of the Council of National Coordinators of the Member States of the Shanghai Cooperation Organization was held in Beijing under the chairmanship of Uzbekistan.

During the meeting the delegations of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan discussed the preparation for meetings of the SCO statutory bodies which are planned in the framework of the presidency of the Republic of Uzbekistan in the organization.

It was held an exchange of views on the draft documents introduced for signature during the upcoming Tashkent meeting of the Council of Heads of State, Council of Ministers of Foreign Affairs, meeting of Secretaries of Security Councils and others.

They discussed the issues related to the practical implementation of the Ufa Summit decisions, including enlargement of the SCO.

The Cooperation Program between the Foreign Ministries of the SCO Member States in 2016 was approved.

The National Coordinators also considered other issues related to the ongoing activities of the organization.

The SCO Secretary-General Rashid Alimov and Director of the Executive Committee of the SCO RATS Yevgeniy Sysoyev also attended the NCC meeting.

(Source: Press Service of the MFA of the Republic of Uzbekistan)

 

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