News ·

Ceramic and dairy plants were opened in the “Kokand” FEZ with $100 million in Chinese investment.

To mark the 34th anniversary of independence, two new enterprises were launched in the “Kokand” free economic zone.

Why is this important

New enterprises strengthen the industrial and export potential of the region, create jobs, and attract foreign investment.

What happened

Yong Xin Factory:

  • investments — $100 million (used \$70 million);
  • production of ceramic tiles;
  • 700 employees are employed, the plan is up to 1000;
  • The first export shipment is $850 thousand to Kyrgyzstan.

Sadaf Sut Smons factory:

  • investments — $2.7 million;
  • capacity — 10 tons of milk per day (3650 tons per year);
  • about 100 jobs;
  • products — 38 types of dairy products, including cheese;
  • it is planned to export up to 10% of the products.

What they say

Yong Xin co-founder Suhbatilla Mirzayev reported that the enterprise will reach full capacity within a year.

Context

“Kokand” SEZ is actively attracting foreign capital and developing production capacities in construction materials, food industry, and light industry.

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