Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev got acquainted with the activities of the limited liability company Euro Global Invest in Yukorichirchik district of Tashkent region.

Large-scale construction work has been launched in the country today. Therefore, there is a high demand for new reinforced concrete materials.

The company, which began operations in December last year, specializes in the production of prefabricated large-size reinforced concrete panels. The total cost of the project is 40 million euros. On a 7-hectare production site, modern lines from Italy, Germany and Austria are installed.

The company’s products comply with international standards and have high seismic resistance. The cost of houses using these building materials will be 30 percent cheaper. Products can be made in color.

The cluster enterprise is capable of producing 500,000 cubic meters of reinforced concrete products, crushing 1 million tons of stones and producing the same amount of asphalt. It also produces interior and exterior doors, window frames, and furniture.

The head of state stressed the need to further reduce the cost of housing and attract more young people by creating a full cycle of production of building materials.

Currently, 850 people work here. By the end of the year, it is planned to increase the number of jobs to 1.5 thousand.

There was also a presentation of investment projects that will be implemented in the Tashkent region in 2021-2022.