The work of enterprises and the construction of new capacities has started

Thanks to favorable conditions, significant progress is now being made in all regions. As soon as one enterprise begins its work, others are already in the process of construction. There are so many projects, especially in industry, that it is difficult to keep track of them all, the press service of the head of our state reports.

Therefore, during the trips of the head of our state to the regions, it has become a tradition to consider the most important projects. And in the Fergana region a ceremony was held to launch and begin construction of new enterprises.

At the beginning of his speech, President Shavkat Mirziyoyev noted that over the past five years, the volume of industry in Fergana has increased by 1.3 times. The volume of exports almost doubled and amounted to $722 million.

The volume of investments is also growing every year. If in 2018 only $90 million of investments were disbursed in the region, then last year this figure amounted to $1.3 billion. The number of enterprises with foreign capital has reached 470.

In the region, work is progressing at an accelerated pace on 110 projects worth $6 billion in foreign investment and 22 local projects worth $1.1 billion. More than 20 thousand jobs will be created there.

– Previously, there were problems in implementing even six projects in the region. Today we are talking about $6 billion worth of projects. Why? We grew, developed, convinced investors, created conditions. We will continue this work, – said Shavkat Mirziyoyev.

About a hundred projects worth $370 million have been implemented in the Kokand free economic zone alone, and 9 thousand new jobs have been created. In the first half of this year, they produced products worth 1.5 trillion soums and exported $60 million.

According to a recent presidential decree, this industrial zone will be expanded by 210 hectares along the city of Kuvasay. It will host 185 projects worth $1 billion and create 12,000 jobs. In addition, an Uzbek-Chinese special industrial zone with an area of ​​230 hectares will be created in the city of Kokand.

One of the successful projects in the region is a plant for the production of mineral fertilizers together with the Singaporean company ‘‘Indorama’’. Currently, its second stage for the production of highly effective complex fertilizers is being launched and the third stage is beginning. As a result, more than 300 thousand tons of products will be produced per year and additional exports of $50 million will be ensured.

Four more launched projects are in the energy sector. This is a solar power plant in the Besharyk region, an electricity storage system in the Uzbekistan region, and small hydroelectric power plants in the Fergana region.

The demand for electricity in our economy is growing at an average rate of 6 percent per year. Therefore, along with traditional ones, renewable energy sources are also being developed.

Over the past three years, $2 billion in foreign investment has brought 10 solar and wind power plants with a capacity of 2.4 gigawatts online. By the end of the year, about 2.6 gigawatts of capacity from 12 stations will be connected. There are also 32 green projects currently underway with a total capacity of 18.3 gigawatts worth $19 billion. It is important to note that such projects exist in every region.

In particular, in the Besharyk region of Fergana, together with the German company ‘‘Hyper Partners’’, construction of a solar power plant with a capacity of 500 megawatts begins. The first 200 megawatts of the $350 million project will come online this year and be fully operational next year. It will generate 1.6 billion kilowatt-hours of green energy per year, which is equivalent to the annual consumption of 675 thousand households. As a result, 466 million cubic meters of natural gas will be saved.

In Uzbekistan, the first electricity storage system with a capacity of 150 megawatts will be built at the expense of $144 million in foreign investment. The complex, created in collaboration with the Chinese company ‘‘Gezhouba Group’’, will be launched before the end of this year. It automatically turns on when demand for electricity increases and ensures grid stability.

These modern plants will help ensure energy security, increase economic efficiency, and improve environmental sustainability.

Another area is the efficient use of water resources. Over the past seven years, $630 million in investment has created more than 400 megawatts of new capacity and increased hydroelectric capacity to 2.2 gigawatts.

Opportunities have been identified for the construction of 200 small and micro hydroelectric power stations in our country with a capacity of 56 megawatts. In this regard, a separate program was adopted. Within its framework, 2 small hydroelectric power stations were built in remote areas of the Fergana region. The first is a station with a capacity of 2.2 megawatts, built in the village of Shakhimardan, the second with a capacity of 430 kilowatts in the village of Yukori Vodil. They will uninterruptedly provide electricity to residents of nearby mahallas.

By pressing the symbolic button, the head of state launched the activities of enterprises and construction work within the framework of new projects.