“ Hayat Power Cable System s” Joint Venture established in 2012 with the participation of OJSC“ AGMK”, JV“ Uzcable” and Chinese company“ Gulf Cable Trading Company” carries out the production of highvoltage cables. The total cost of the project made up 20,45 million USD with the annual production capacity of 4000 km of cable products. The enterprise has created 50 workplaces.“ Olive Telecom” Joint Venture established in 2013 with the participation of Indian company“ Olive Telecommunication Ltd.” and JSC“ Uzbektelecom” carries out the production of stationary and mobile telephones as well as tablet PCs. The total cost of the project made up 2.0 million USD with the annual production capacity of 99.5 thousand pieces. The enterprise has created 27 workplaces.
II. Free Economic Zone“ Angren” Free economic zone“ Angren” has been established by the Decree of the President of the Republic of Uzbekistan No. 4436 dated April 13, 2012. One of the primary factors in the selection of Tashkent region for the creation of new zone is that, there, in the beginning of 2010 on the basis of the railway station“ Ablyk” the logistics center“ Angren” started its work. Its main task was the acceptance and handling of goods from three regions of the Fergana valley. This center will be able to provide the companies of SIZ with the services of cargo transportation in any direction of the Republic.
Currently in FEZ“ Angren” the production of high-tech products have been organized in the framework of 10 projects with the total amount of investments 181 million USD, in particular, energy-saving LED lamps, copper pipes of different diameters, gypsum wall boards, briquette coal, sugar, etc.“ EGL-NUR” Joint Venture established in 2013 with the participation of OJSC“ New Angren CHP” and South Korean Company“ EG Lightings Co. Ltd” carries out the production of energy-saving LED lamps for street lighting. The total cost of the project made up 1.0 million USD with the annual production capacity of 48 thousand lamps. Currently 23 workers work at the enterprise.“ Angren Shakar” Foreign Enterprise established in 2014 with the participation of Singapore companies“ Welton International Enterprises” and“ Kio Investment Pte. Ltd” and Austrian company“ SEID Handelsgesellschaftm. b. H.” carries out the production of sugar. The total cost of the project made up 108.5 million USD with the production capacity of 1000 tons of sugar per day. Currently 100 workers work at the enterprise.“ Uz-Shindong Silicon” Joint Venture established in 2014 with the participation of State Committee of Geology, JSC“ Uzmetcombinat” and South Korean company“ ShindongEnercomInc” carries out the production of technical silicon. The total cost of the project made up 5.9 million USD with the annual production capacity of 5 thousand tons of technical silicon. Currently 90 workers work at the enterprise.
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Uzbekistan profile | January- 2017