Tashkent, Uzbekistan (UzDaily.com) — The Chinese corporation Jiangsu World Group plans to invest US$95 million in the establishment of automated complexes for cotton cultivation and processing in the Surkhandarya region. This was reported by the regional administration.

The project will cover 20,000 hectares of land, where cotton fields and processing facilities will be located.

The implementation of the investment project was discussed during negotiations between the delegation of the Chinese company and the regional governor Ulugbek Kasimov. During the meeting, the parties agreed to prepare a technical and economic justification and select the optimal land plots.

Jiangsu World Group specializes in the production of agricultural and construction machinery, supplying its products to agricultural enterprises in Asia, Europe, and America.