Tashkent, Uzbekistan (UzDaily.uz) — Parkent district in Tashkent region attracted US$101 million in foreign investment in January–September 2026, while exports totalled US$62.9 million. These figures represented 74% and 69.8% of the respective annual targets.
A government commission led by Deputy Prime Minister Jamshid Khojaev visited the district on 14 October to review the progress of investment projects and address issues requiring urgent resolution, Uzbekistan's government press service reported.
During the visit, the commission inspected projects in the pharmaceutical, textile and mining industries. It also discussed problems faced by enterprises involving engineering infrastructure and the organisation of production.
At MAGNIT GRAND FARM LLC, the commission reviewed a US$14 million project to manufacture medicines needed to treat cancer. The facility is scheduled to begin operations in January 2027, with 200 jobs expected to be created.
ELASTIKUM is already producing medical bandages and elastic products. The second phase of its US$10 million project began in 2026. The enterprise has created 300 jobs and has an annual production capacity of 2,000 tonnes.
During the visit to ELASTIKUM, officials discussed connecting the facility to an additional electricity supply network and changing the land-use category of the plot allocated for production.
The joint venture ALITEX INOVATION presented a US$3.5 million project to manufacture and dye fabrics. Its implementation is expected to create 190 jobs. The commission also considered the company's request concerning access to the gas network.
At LIMAOMAOLI METAL COMPANY LLC, a foreign-invested enterprise, officials discussed a US$50 million iron ore extraction and beneficiation project. Covering 240 hectares, the project is designed to process 1 million tonnes of material and create 400 jobs.
Other issues raised during the meeting included registering foreign workers at their temporary places of residence and accelerating construction of an electrical substation needed to supply the enterprise with electricity.
The visits were aimed at assessing progress on investment projects and helping resolve issues affecting their further development.
