Uzbekistan’s first ever investment hub to appear in Ferghana region

Uzbekistan’s first ever hub is expected to appear in Ferghana region. Uzbek media reports say the investment hub project was presented to Uzbek President Shavkat Mirziyoyev on June 12 during his visit to Ferghana region. UzbekistanToday reports the project suggests creation of a hub for direct attraction of foreign investments.  The investment hub is expected […]

Asia-Plus

Uzbekistan’s first ever hub is expected to appear in Ferghana region.

Uzbek media reports say the investment hub project was presented to Uzbek President Shavkat Mirziyoyev on June 12 during his visit to Ferghana region.

UzbekistanToday reports the project suggests creation of a hub for direct attraction of foreign investments. 

The investment hub is expected to collaborate will free economic zones and innovative centers of the region.

The hub will have its overseas offices to attract investments.  It is expected to attract more than USD 161-million investment, according to UzReport news agency.

These funds will be used to launch new ventures and to modernize the existing ones, and create more than 2,700 new jobs in Ferghana region.

Mirziyoyev reportedly ordered relevant bodies to finalize the system, organize similar hubs in other regions of the country, increase the number of economically sustainable enterprises.

Join us on social media!

Article translations:

Related Article

Оби зулол
Оби зулол

Most Read

Акика Алиф

Recent Articles

Potential or illusion? Why the world overlooks Tajikistan’s mineral wealth

The republic may indeed possess significant reserves of rare metals, but there is a catch...

The case of ousted Kyrgyz security boss classified and moves to court

The former head of the GKNB is charged with violent seizure of power and abuse of official position.

Trump states that Iran’s nuclear program is a higher priority than U.S. citizens’ economic issues

Fluctuations in energy prices led to record inflation in the United States in April, the highest in the past three years.

Foot-and-mouth disease, plague, and flu: Central Asia threatened by transboundary animal diseases

FAO urges Central Asian countries to strengthen coordination and epidemiological surveillance.

Tajikistan approves the second phase of the Electric Transport Development Program; $95 million will be allocated for its implementation.

At this stage, the authorities are focusing on charging infrastructure, services for electric vehicles, and the expansion of the electric bus fleet.

Tajikistan and Kazakhstan to sign roadmap for cooperation in the agrarian sector

The parties are interested in expanding investment cooperation and establishing joint ventures.

Emomali Rahmon awarded honorary professorship by Peking University

Tajik President Emomali Rahmon has been awarded an honorary...

Belgian authorities review the results of tax reforms in Tajikistan

Negotiations took place in Brussels between the head of the Tax Committee of the Republic of Tatarstan and the leadership of the Federal Public Service Finance of Belgium.