A large chemical technology park is being constructed in Karman.

The Navoi region has a well-developed chemical industry thanks to its rich mineral resources, advanced infrastructure, and a highly skilled workforce. A favorable investment climate and conditions for entrepreneurs have been established to create promising enterprises in the area.

On this basis, Chinese entrepreneurs are establishing a chemical technology park named "Zarafshon Industrial Technology," with 130 hectares of land allocated for it. Here, 18 projects are planned, with a total value exceeding 1 billion dollars.

Currently, two projects have already been launched to produce 40,000 tons of oleum and 170,000 tons of sulfuric acid. Notably, an energy unit with a gas-steam installation of 1.4 megawatts has been built to efficiently utilize the heat generated during sulfuric acid production, allowing the enterprise to fully meet its electricity needs.

The head of state was presented with information about new projects that will be implemented in the technology park. In particular, the construction of facilities for producing 1 million tons of sulfuric acid (150 million dollars), 50,000 tons of caustic soda (120 million dollars), and 100,000 tons of phthalocyanine (135 million dollars) has begun.

The technology park aims to establish effective cooperative production, which will localize products in the construction industry by 75 million dollars, in light industry by 107 million dollars, and in medicine by 38 million dollars. Currently, the localization level in the technology park stands at 31 percent, and this figure is expected to double through the phased implementation of projects.

The president emphasized the need to ensure a production balance in enterprises, to conclude off-take contracts, and to guarantee the sale of products.

Currently, 300 people are employed in the technology park, and more than 2,000 jobs will be created following the implementation of all projects. Production of such products as anthraquinone, caustic soda, copper chloride, dimethyl sulfate, sodium sulfide, and resorcin is planned. The annual export potential of the technology park is expected to reach 30 million dollars by 2026.

The construction of necessary communication networks is being financed by foreign investors.

During the visit, a presentation of projects to be implemented at the joint-stock company "NavoiAzot" in 2024-2030 was also held. A total of 22 projects worth 5 billion dollars are planned, creating 3,000 new jobs. It is anticipated that chemical products worth over 2 billion dollars will be produced annually, most of which will be directed towards export.

The president highlighted the importance of adhering to environmental standards and equipping enterprises with low carbon dioxide emission equipment.

Next year, the completion of four projects is planned. The head of state also met with the investors of these projects.