Tashkent, Uzbekistan (UzDaily.com) - On 29 March, the general director of the Bishkek free economic zone Kudret Taichabarov, the head of the Uzbek company Nil-Granit LLC (SAMO brand) Akrom Ganiev and the deputy head of the Uztekstilprom association Daniyar Khabibullaev signed a roadmap. 

According to it, in the FEZ "Bishkek" two million dollars of investment will be attracted to open a large garment factory. This was reported by the press service of the FEZ "Bishkek". The factory is expected to provide over 200 jobs.

Under the terms of the earlier signed memorandum, the Uzbek side will lease 2 hectares of land in the FEZ "Bishkek" and will open a light industry enterprise. The Kyrgyz side will create the necessary infrastructure for the factory, adapt the construction project to the construction standards of Kyrgyzstan and help obtain all the necessary permits.

The factory will produce and export high-quality clothing that meets all international standards to the EAEU countries and beyond.

“Last week we visited Tashkent, got acquainted with the Nil-Granit company and signed a memorandum of cooperation. Today we are moving on to the second stage of negotiations and already in Bishkek we are taking the first steps towards bilateral cooperation. The roadmap signed by us will be the start for the implementation of the action plan for the construction of enterprises. As you can see, our company creates favorable conditions for investors, from legislation to infrastructure,” said Kudret Taichabarov.

“During our stay in Kyrgyzstan, we got acquainted with companies operating in the free economic zone “Bishkek ”, received information about working conditions and benefits. A visit to the site of the future enterprise and the opportunity to talk with the heads of customs and tax services strengthened our intention to invest. We will register with you as a subject and will start working in the near future,” said Akrom Ganiev.

Investors from Uzbekistan also met with Deputy Minister of Economy and Finance Bekbolot Aliyev, Deputy Chairman of the Investment Development Agency Umbriel Temiraliev and head of the Light Industry Association "Legprom" Sapar Asanov.