24 June 2019

Realization of investment projects in energy and chemical industries

President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with government officials to discuss the acceleration of the implementation of investment projects in the oil and gas, chemical and power industries.

Thus, this year 16 projects are planned to be realized in the oil and gas sector by mobilizing investments for 2 billion 730 million dollars, 17 projects for 850 million dollars in the chemical industry, and 28 projects for more than 1 billion dollars in the electric power industry.

The meeting served for discussion of projects, while responsible officials presented reports on the progress of their implementation.

The head of state stressed the need for financial support for enterprises – manufacturers, distributors and suppliers of energy resources, enhancement of hydrocarbon production and manufacturing of goods.
The President ordered to accelerate and complete in the current year the works on the construction and modernization of Turakurgan, Navoi, Takhiatash thermal power stations, and to activate the installation of modern gas-steam installations in Tashkent and Surkhandarya regions. The need for a wider implementation of the Automated System of Accounting and Control of Electricity was pointed out in particular.

Objectives were defined in the commissioning of production lines for polyvinyl chloride, caustic soda and methanol in the joint-stock company Navoiazot and chemical additives for the textile industry at the Jizzakh Plastic Plant, for stepping up the execution of a project for the production of ammonia and carbamide in the city of Yangiyer.