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.