In Uzbekistan, four projects with the involvement of Chinese investors will be carried out in the Hazorasp free economic zone, as reported by Trend.
This decision was made during a meeting discussing priority tasks for the socio-economic development of the Khorezm region. The projects will focus on the production of paint and varnish products, glassware, and electrical engineering.
The total investment for these projects amounts to $300 million.
New industrial facilities will be built in the Al-Khwarizmi complex in Urgench and will be provided to entrepreneurs in a ready-to-use state.
In collaboration with foreign investors, the region has also devised plans for projects such as manufacturing polypropylene, basalt products, and sandwich panels, setting up a modern greenhouse, assembling compact agricultural machinery, processing fruits and vegetables, and producing furniture and nonwoven materials.
In addition, China Shuifa Singyes Energy Holdings is planning to construct five solar photovoltaic power plants, each with a capacity of 200 MW, in Tashkent, Uzbekistan. The estimated cost for this project is $714 million.
