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A MAP FOR THE ENTERPRISING AND INITIATIVE

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A MAP FOR THE ENTERPRISING AND INITIATIVE

The government of Uzbekistan has approved an Action Plan for Integrated Development of Towns and Districts of Tashkent Region by 2018.

Tashkent region is often referred to as a miniature of Uzbekistan. It is not surprising, because on a relatively small area of 15.300 square kilometers it has almost everything that attracts the tourists, foreign investors and local residents.

The region can be fairly called the industrial heart of the country: today it produces about 30% of all manufactured products, about 50% of electricity, 100% of metal-roll, 98% coal and 43% of cement. The region runs more than 100 large enterprises and dozens thousands of small companies.

Almalyk Mining and Smelting Plant, Uzbek Metallurgical Plant, Uzbek Refractory and Heat-Resistant Metal Plant, Maxam-Chirchik, and several others are the industrial flagships not just in Uzbekistan, but in the entire region.

The Central Asia’s only automobile engine plant GM Powertrain Uzbekistan with the annual capacity of more than 200,000 items has joined the ranks not so long ago. The plant is equipped with state-of-the-art high-tech equipment, the work cycle is fully computerized, allowing to manufacture products in line with international standards. The new program is called to multiply the number of modern enterprises of this kind.

The document envisages the implementation of several investment projects on construction of new industrial facilities, modernization, technical and technological extension of existing capacities of industrial enterprises.

In addition, it outlines integrated measures on the further development of the feedstock capacity, organization of enhanced processing of fruits and vegetables, increase of food production and exports through effective use of irrigated lands.

It is expected that industrial production in the Tashkent region should increase by 33.4%, food production - by 83.1%, construction materials – by 35% by the end of 2018.

The total cost of all the scheduled investment projects will exceed $630 million, 11,500 new jobs will be created.

The government also entrusted the Ministry of Finance to develop a ‘road map’ on further expansion of the revenue base of local budgets in Akkurgan, Bekabad, Buka, Parkent and Kuyichirchik districts in cooperation with the Tashkent region administration.

Jahon Information Agency