Why is this important
The plans announced at the session show that Jizzakh region is considered one of the key centers of industrial, agricultural, and tourism growth in the country, with large-scale investments and systematic business support measures. The region is receiving incentives to deepen localization, create chains of related industries, and increase export potential.
What happened
- Shavkat Mirziyoyev addressed the extraordinary session of the Jizzakh Regional Council of People’s Deputies.
- According to the presidential press service, a portfolio of 152 large investment projects worth $12 billion has been formed in the region.
- Their implementation should significantly increase the region’s economic attractiveness.
- The President also put forward new initiatives to develop industry and attract investments.
- Starting from 2026, 50% of the cost of component validation will be covered by the Trade Development Company.
Numbers and facts
- Mountain, water, and pasture areas are planned to be developed based on new approaches to horticulture and tourism, and areas with significant steppe and desert lands will be oriented towards industrial development.
- In industrial zones, a Unified Management Company will be created on the basis of three directorates, which will be responsible for supporting investors, marketing, and organizing projects.
- Companies will be granted the right to participate in projects implemented in industrial zones at market value.
- The President also offered 10 thousand square meters of vacant building in the Technopark of the city of Jizzakh to entrepreneurs on preferential terms.
- The importance of constructing finished production buildings and placing new projects on the vacant 118-hectare industrial zone in Sharaf Rashidov district was also emphasized.
Context
- In recent years, Jizzakh region has been actively attracting large investments in the automotive industry, industry, and agricultural sector.
- The state is strengthening investor support institutions, developing industrial zones, and implementing financial support mechanisms to enhance the competitiveness of regions.
- For businesses, opportunities are expanding to place production facilities in ready-made areas with partial cost recovery.
- For the population, this means new jobs and accelerated industrial development of the region.
