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Jewelry Cluster Opens in Bukhara with Participation of Turkish Investor

Jewelry Cluster Opens in Bukhara with Participation of Turkish Investor

Jewelry Cluster Opens in Bukhara with Participation of Turkish Investor

Tashkent, Uzbekistan (UzDaily.com) — The official opening of the Bukhara Jewelry Cluster took place in Bukhara, aiming to stimulate the local economy and enhance the industry’s export potential, according to the city hokimiyat press service.

The project was implemented with the participation of the Turkish investment partner ELLA Jewellery and cost 38 billion soums. Modern equipment has been installed on the second floor of the building, fully prepared for production launch.

The new cluster is expected to create 100 jobs in the region and achieve an annual production capacity of up to 300 kilograms of jewelry. Planned tax revenues to the state budget are estimated at up to 2.5 billion soums per year.

The project is designed not only to strengthen Bukhara’s economic potential but also to enhance the competitiveness of Uzbekistan’s jewelry industry in international markets.

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