Production of hygiene items to be established in Uzbekistan
10/03/2019 18:37
Production of hygiene items to be established in Uzbekistan
10/03/2019 18:37
Tashkent, Uzbekistan (UzDaily.com) -- On 7 March 2019, the Embassy of Uzbekistan in Italy organized an online video conference in the format of Rome-Tashkent-Moscow-Namangan-Chust on implementation of an investment project for production of hygiene products with Italian partners with the cost of over US$30 million.
The directors and managers of a number of Italian companies and banks, the SACHE Export Credit Insurance Agency and the Italy-Uzbekistan Chamber of Commerce took part in a video conference chaired by Ambassador Otabek Akbarov, the press service of the Foreign Ministry of Uzbekistan said.
The project initiators from Chust district of Namangan region, representatives of regional and district khokimiyats, as well as representatives of leading banks of the republic joined the conference from Uzbekistan.
This project involves the attraction of foreign investment and advanced technologies in the economy of Uzbekistan, the creation of about 500 new jobs, significant import substitution in the local market, as well as export abroad.
The parties discussed practical aspects of the early launch of the project, proposals for solving organizational, technical and financial issues.
At the end of the videoconference, an appropriate Action Plan was agreed.
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