Strategic and major projects have been showcased in the Navoi region.

Over the past seven years, more than $3.5 billion in investments have been attracted to the region, which has created 64,700 jobs and provided an export potential of $1.2 billion annually. This year, 577 projects worth $2.1 billion are being implemented.

This work continues: foreign investors and local entrepreneurs have formed over a hundred strategic and large-scale projects with a total value of $26.8 billion.

Twelve of these projects were presented to the President.

Investments are coming from companies in the USA, France, Germany, Austria, Russia, UAE, Qatar, China, Japan, Korea, and Turkey. These initiatives span sectors such as chemicals, energy, mining, electrical engineering, medicine, construction, textiles, and light industry.

For instance, in collaboration with China, projects to produce high-value-added products worth 2.5 billion sums per year will be implemented in the Karmanin district. This includes the establishment of an industrial park specializing in chemical products and construction materials, as well as a factory for producing wind turbine blades.

In the same district, an investment project in partnership with Russia is planned for the production of aluminum packaging for the food industry. In cooperation with Turkey, there will be extraction and processing of 370,000 tons of phosphorite per year in the Konimeh district, as well as the production of phosphoric acid and mineral fertilizers. A project with Austria is planned for the production of 170,000 tons of sodium salts and caustic soda in the city of Navoi.

These projects will create employment for over 17,800 people.

The President instructed to assist the initiators with organizational and financial matters and to expedite the implementation of the projects.