Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev got acquainted with investment projects that are planned to be implemented in Andijan and Tashkent regions on 8 February.

First, information was provided on the projects that will be launched this year. In particular, 616 projects worth US$1.43 billion will be implemented in Andijan region. Of these, 258 projects are in industry, 185 are in the service sector, and 173 are in agriculture. As a result, capacities for the production of products worth almost 10 trillion soums will be created, opportunities will appear to replace imports in the amount of US$95 million and export products for US$265 million. It is planned to create 61 thousand new jobs.

For example, the limited liability company "Tetrateks" is organizing a textile complex in Balykchi district. The total cost of the project is 126 million euros, it will be implemented in four stages in 2021-2022. The enterprise will launch a full cycle of knitwear production. Within the first stage, the completion of which is scheduled for the end of this year, 2.5 thousand jobs will be created; upon completion of all stages, this figure will be 10 thousand.

Along with intensive work on these projects, new ones are being formed. For example, 53 new investment projects worth US$782 million have been formed for Andijan region.

During the presentation, information was provided on the prospects for these projects, sources of funding and infrastructure.

The head of state noted the importance of placing projects in makhallas, where there is a high need for jobs, an increase in the number of enterprises based on public-private partnerships, and an increase in the rate of employment.

This year, 355 projects worth US$1.62 billion will be launched in Tashkent region. Of these, 198 projects are related to industry, 81 projects are in the service sector, 76 projects are in agriculture. As a result, production capacities of about 35 billion soums will be created, 13 thousand people will be provided with jobs. It is planned to organize the production of import-substituting products for US$48 million and export-oriented goods for US$42 million.

In addition, 187 new investment projects are planned in the region. The presentation focused on the largest of them.

Thus, the Metal Produkt Limited Liability Company, within the framework of a US$25 million project, is setting up production of metal products in the city of Akhangaran. The annual capacity of the future enterprise will be 60 thousand tons. The enterprise, the commissioning of which is scheduled for May this year, will provide jobs for 150 people.

Among the projects important for the domestic market are plans for the production of bicycles in the FEZ "Angren", the manufacture of food products in Qibray district.

The President pointed out the need to actively involve scientific achievements and innovations in the industry, special attention to ensuring the quality and relevance of products. Instructions were given on the rational use of the transport and tourism potential of the Tashkent region, the development of the service sector.