The President of Uzbekistan visited new enterprises launched in Tashkent’s Technopark.

It hosts 17 projects worth more than $365 million, six of which were launched last year. At the beginning of this year, construction and installation work was completed at 4 more enterprises. Test production is currently underway.

The President got acquainted with the technologies introduced at these enterprises and their products.

“These enterprises are of great economic importance. But what makes me happy is the qualifications and confidence of our youth. When today’s youth were just studying, there were no such machines. If we started this work 15 years ago, the level of education of our children today would be completely different”, said Shavkat Mirziyoyev.

The cost of the project for the production of fittings and accessories is $20 million. The enterprise is equipped with modern equipment from Turkey. It employs 450 people. The production capacity of the company is 6 million pieces of fittings and accessories for doors and frames. This will provide import substitution of $3 million and export opportunities for $3 million.

Another company produces panel heating radiators in 5 different modifications. The project cost more than $19 million. The enterprise is capable of producing 640 thousand radiators per year using European technology. They are in demand both in the domestic market and abroad. It is planned to replace imports by $6 million and export products for more than $8 million. It employs 250 people.

The enterprise for the production of the aluminum composite panel is also profitable. Its capacity – 432 thousand pieces per year – will replace $10 million in imports and provide $3 million in exports. Chinese equipment worth $2 million have been installed, 80 people have been employed.

The cost of the project for the production of metal structures is $29 million. The declared indicator of import substitution is $16 million. Exports are also planned for $1.5 million. The company is equipped with Italian technology and produces 3 types of sandwich panels and 2 types of metal structures. It employs 350 people.

The level of localization at new enterprises is 35-40 percent.

After the launch of all projects in Technopark, products worth 5.7 trillion UZS will be produced by the end of this year, and goods worth $105 million will be exported. It is planned to employ about 7 thousand people.

The President urged not to be limited to these enterprises and develop new projects, pay attention to manufacturing value-added products.

Source