On October 22, President Shavkat Mirziyoyev held a meeting on the socio-economic development of Kashkadarya Region, the presidential press service reported.
A $1.5 billion project has been proposed to produce new polymers and petrochemical products using 430,000 tonnes of naphtha supplied by the Uzbekistan GTL plant, which is preparing for privatisation, the presidential press service reported.
Three other major projects worth a total of $300 million have also been prepared at the plant.
Meanwhile, the capacity of the privatised Dehkanabad Potash Plant is planned to increase from 365,000 to 600,000 tonnes. More than 30 project proposals worth $830 million have also been prepared in the small-scale chemicals sector.
Officials have been tasked with preparing a three-year programme covering projects worth $20 billion and the creation of 50,000 jobs.
In the first nine months of the year, industrial output in Kashkadarya Region grew by 8.4%, services by 16.6% and agriculture by 4.9%. However, the region ranks seventh nationwide in industrial output per capita, ninth in services, and 11th in agriculture and construction.
“The president stressed that if district governors and banks create an environment where knowledge is encouraged, work is rewarded with opportunities and initiatives receive support, Kashkadarya could join the country’s most advanced regions within one to two years,” the statement said.
Mirziyoyev instructed officials to turn the region’s gas, electricity and mineral resources into profitable jobs and higher value-added production, moving its industry to a new stage of development.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
