The first plant was launched in the free economic zone “Karakul”

On the eve of the visit of President Shavkat Mirziyoyev to the Bukhara region, the Enpipe enterprise was put into operation in the Karakul free economic zone, the press service of the head of our state reports.

The project with a total cost of $58 million was implemented entirely through foreign investment. Modern equipment was brought and installed from China, Turkey, the Netherlands and Spain, which made it possible to set up production with a capacity of 300 thousand tons of metal pipes per year.

These pipes, manufactured using the direct seam method, are resistant to high pressure and external influences. Previously, such products were mainly imported from abroad. Due to the large volumes of pipes, their transportation required a large capacity, which increased their cost.

Instead, metal sheets of various thicknesses are now delivered, from which the plant produces pipes. Thanks to this, their cost has decreased by 25 percent.

There is a high demand for such resistant pipes in the gas chemical and mining industries, construction and other industries. In particular, they will be used in the gas chemical MTO complex being built here.

The company employs more than 400 people.

The President was presented with plans and information about the next stages of development of the plant.

Work has begun on the implementation of the second stage of the project. It is planned to start producing tanks of various sizes that are resistant to high pressure. Another 500 new jobs will be created.

Once the project reaches full capacity, it will be possible to produce products worth $121 million. The export potential of the enterprise will significantly increase.

The President also spoke with representatives of the media.

– The purpose of our visit to Bukhara today is to improve the lives of more than 2 million residents, create sources of income, and reduce poverty. In many places in the region there is high soil salinity. Therefore, we pay more attention not to agriculture, but to industry. Why did we build this plant? Previously, we spent a lot of money on importing such pipes. Moreover, today we will begin construction of new facilities. Other businesses and jobs will appear around them. Ultimately, light, confidence and hope will come into people’s homes. This hope unites us, – the President said.

In the industry of the region, the free economic zone “Karakul” will play an important role. It was created on the basis of the relevant resolution of the President of the Republic of Uzbekistan dated August 13, 2021. Its total area is 566 hectares, 5 large projects have already been launched. Upon completion of all stages of their implementation, the total number of jobs will be about three thousand.