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Economy 04/02/2021 Uzbek President gets acquainted with new enterprises in Ferghana district
Uzbek President gets acquainted with new enterprises in Ferghana district

Tashkent, Uzbekistan (UzDaily.com) – President of Uzbekistan Shavkat Mirziyoyev got acquainted with the technological process at the Vodiy Shoes enterprise in Ferghana district.

The total cost of the project, which began last year, is over US$16 million. Within the first stage, the production of 1 million pairs of shoes has been established. Over 2 thousand jobs have been created.

The company boasts a wide range of products and high-quality products. Mostly local raw materials are used, due to which a low cost is achieved. Thanks to this, the products compete with foreign counterparts and replace imports. Export benchmark is US$12 million.

At the second stage, it is planned to increase the capacity to 2 million pairs. For this, residents of 18 nearby makhallas will be employed on the basis of homework. As a result, more than 5 thousand women will be employed.

The head of state also visited a textile enterprise that is part of the Bakhodir Logon cotton-textile cluster. It is capable of producing 10 thousand tons of products per year. Equipment from Japan, Turkey, Germany and Switzerland has been installed here, production and dyeing of yarn and fabric has been established. 480 people are provided with jobs, including 300 young people.

The implementation of the second stage of the enterprise is scheduled for 2022. As a result, it is planned to create 1.8 thousand new jobs and to organize the export of products worth US$16 million.

The head of state pointed out the need to deepen the processing of raw materials, expand the range of products, and most importantly, enter promising markets.

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

 

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