300 Million Dollar Investment Plan with Turkish Industrial Model in Uzbekistan

At the conference held under the auspices of the EkoAvrasya Foundation and hosted by OSTİM, it was announced that Turkey's organized industrial zone experience will be transferred to Uzbekistan and the Uzbek-Turkish Organized Industrial Zone will be established in Tashkent with an investment of 300 million dollars.

Envisioned to be implemented on a 100-hectare area in Tashkent, the Uzbek-Turkish Organized Industrial Zone will include technology development centers, education, health, and logistics facilities alongside factories. The project is targeted to reach an investment volume of 300 million dollars and provide employment for more than 10 thousand people. Additionally, a 160-hectare area in the city of Nukus in Karakalpakstan has been designated for industrial investments, and contracts aimed at developing the production infrastructure have been signed with the Uzbekistan Technical Metals Corporation.

EkoAvrasya Foundation Chairman Hikmet Eren stated in his speech at the conference that total Turkish investments in Uzbekistan have exceeded 8 billion dollars. While more than 2,200 companies with Turkish capital operate in the country, Turkish contractors have undertaken 325 projects valued at 9.3 billion dollars to date. The bilateral trade volume between the two countries is targeted to be gradually increased to 10 billion dollars.