The President got acquainted with the projects implemented in the special industrial zone “Yangi avlod”
Uzbekistan
President Shavkat Mirziyoyev visited a special industrial zone “Yangi Avlod”, located in the Yangihaeti district of the capital, and got acquainted with the activities of the enterprise for the production of aluminum containers and bottling of beverages.
In recent years, Uzbekistan's industrial policy has reached a new level. A model of economic growth based on modern production facilities and international technological standards is being formed in the country.
Special Industrial Zone “Yangi Avlod was established in accordance with the Presidential decree of March 20, 2024. It stands out for its modern production infrastructure, convenient logistics and wide benefits for investors.
One of the promising projects of the zone is the East Can Solutions enterprise, where a complex for the production of aluminum containers and bottling of soft drinks has been created. The President got acquainted with the products and prospects of the project, after which its implementation was launched.
The company covers an area of 21 hectares, and the project cost is $ 90 million, mainly due to foreign investments.
The complex is one of the few enterprises of this profile in Central Asia and is equipped with modern equipment manufactured in the USA, Great Britain, Italy and Germany. All production processes are fully digitized.
The production capacity will be increased in stages. At the first stage, it is planned to produce 600 million units of aluminum containers per year, at the second – 1.1 billion, and at the third – 2.2 billion. This will not only fully meet the needs of the domestic market, but also export competitive products at the regional level.
The implementation of the project will make it possible to replace imports worth $ 60 million and provide an export potential of $ 20 million. The level of localization of production will reach 90 percent. After the company reaches full capacity, 500 new jobs will be created, and significant tax deductions will begin to flow into the budget.
The Head of State was also provided with information on the progress of work in the industrial zone itself. “Yangi avlod”. The responsible persons reported on the strategy of its development, measures to introduce localization, digitalization and energy-saving technologies.
To date, 58 projects worth a total of $ 1.2 billion are being implemented in the zone in such areas as the food industry, electrical engineering, mechanical engineering, chemistry and the production of building materials.
The President was presented with 28 of the most significant initiatives, the implementation of which will create 7,600 new jobs.
It was noted that these projects will contribute not only to economic growth, but also to social stability by creating new jobs, increasing export potential and developing local industries.
Special Industrial Zone “Yangi Avlod was established in accordance with the Presidential decree of March 20, 2024. It stands out for its modern production infrastructure, convenient logistics and wide benefits for investors.
One of the promising projects of the zone is the East Can Solutions enterprise, where a complex for the production of aluminum containers and bottling of soft drinks has been created. The President got acquainted with the products and prospects of the project, after which its implementation was launched.
The company covers an area of 21 hectares, and the project cost is $ 90 million, mainly due to foreign investments.
The complex is one of the few enterprises of this profile in Central Asia and is equipped with modern equipment manufactured in the USA, Great Britain, Italy and Germany. All production processes are fully digitized.
The production capacity will be increased in stages. At the first stage, it is planned to produce 600 million units of aluminum containers per year, at the second – 1.1 billion, and at the third – 2.2 billion. This will not only fully meet the needs of the domestic market, but also export competitive products at the regional level.
The implementation of the project will make it possible to replace imports worth $ 60 million and provide an export potential of $ 20 million. The level of localization of production will reach 90 percent. After the company reaches full capacity, 500 new jobs will be created, and significant tax deductions will begin to flow into the budget.
The Head of State was also provided with information on the progress of work in the industrial zone itself. “Yangi avlod”. The responsible persons reported on the strategy of its development, measures to introduce localization, digitalization and energy-saving technologies.
To date, 58 projects worth a total of $ 1.2 billion are being implemented in the zone in such areas as the food industry, electrical engineering, mechanical engineering, chemistry and the production of building materials.
The President was presented with 28 of the most significant initiatives, the implementation of which will create 7,600 new jobs.
It was noted that these projects will contribute not only to economic growth, but also to social stability by creating new jobs, increasing export potential and developing local industries.
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