DOING SUCCESSFUL BUSINESS IN FREE ECONOMIC ZONES OF UZBEKISTAN DOING SUCCESSFUL BUSINESS IN FREE ECONOMIC ZONES | Page 13

“ Original Gold Ceram ic” Foreign Enterprise established in 2014 with the participation of British company“ Euro Ceramic Trade LLP” carries out the production of architectural lining bricks. The total cost of the project made up 3.4 million USD with the annual production capacity of 25 million pieces. Currently 80 workers work at the enterprise.“ Angren kumir bricket” Joint Venture established in 2012 with the participation of Khokimiyat( City Administration) of Tashkent area and British company“ Bradmax Ltd.” carries out the production of coal bricks. The total cost of the project made up 3,1 million USD with the annual production capacity of 45.4 thousand tons. Currently 50 workers work at the enterprise.
Bulgarian motor oils and industrial lubricants producer Prista Oil and Uzbekistan state owned company Uzneftmahsulot opened in 2016 a $ 19 million plant « Uz-Prista Recycling » in FEZ“ Angren” for recycling 40 000 tons of waste oil annually. 40 % of the product will be directed to export.
III. Free Economic Zone“ Jizzakh” Free economic zone“ Jizzakh” with the affiliate in Syrdarya region of Syrdarya area has been established in accordance with the Decree of the president of the Republic of Uzbekistan No. 4516 dated March 18, 2013.
In the territory of FEZ“ Jizzakh” 20 projects with the total amount of investments 106 million USD have been implemented with the participation of foreign companies.“ PengSheng” Joint Venture established in
2009 with the participation of the Association
“ Uzbekcharmpoyabzali” and Chinese company“ Wenzhou Jinsheng Trade” carries out the production of ceramic tiles and leather shoes. The total cost of the project made up 26.2 million USD with the annual production capacity of 4.0 million sq. m of ceramic tiles, processing of 600 thousand fells and production of 300 thousand pairs of leather shoes. Currently 800 workers work at the enterprise.“ PengzhongXingsheng” Joint Venture established in 2013 with the participation of the Association“ Uzbekcharmpoyabzali” and Chinese company“ ZTE( Н. К.) Limited” carries out the production of mobile phones. The total cost of the project made up 3.2 million USD with the annual production capacity of 100 thousand units. Currently 50 workers work at the enterprise. Joint venture“ Peng Sheng Casing” established in 2013 with the participation of the Association“ Uzbekcharmpoyabzali” and Chinese company“ W enzhou Jinsheng Trade” carries out the processing of animal products. The total cost of the project made up 1,4 million USD with the annual production capacity of 1 thousand tons. Currently 100 workers work at the enterprise. Joint venture“ Peng Sheng Feed” established in 2013 with the participation of the Association“ Uzbekcharmpoyabzali” and Chinese company“ W enzhou Jinsheng Trade” carries out the production of forages for domestic animals and poultry. The total cost of the project made up 1.0 million USD with the annual production capacity of 1 thousand tons. Currently 100 workers work at the enterprise.
Uzbekistan profile | January- 2017 www. uzbekistan. be 11