Industrial zone for Hungarian companies to be built in Tashkent

Construction of an industrial zone for Hungarian companies will begin in Tashkent. This issue was discussed during the visit to Budapest in October of the President of Uzbekistan. The issue of joint production of medical equipment, electronics and components on the basis of “Technopark” will also be worked out.

The khokim of Tashkent Jahongir Artykhodjaev, by the decision of December 30, approved a “road map” to accelerate the implementation of the agreements reached during the October visit of the President of Uzbekistan Shavkat Mirziyoyev to Hungary. The document was adopted pursuant to the order of the Presidential Administration dated December 23.

The “Roadmap” also provides for the construction of a separate industrial zone with all the necessary infrastructure for Hungarian companies. By the end of the first quarter of 2023, it was instructed to determine the place for the industrial zone and develop the concept for its development, and then discuss it with the foreign side.

Earlier it was reported that during the meeting of President Shavkat Mirziyoyev with the heads of companies and banks of Hungary in early October, it was proposed to allocate a separate industrial zone exclusively for Hungarian companies, providing it with all the necessary production infrastructure.

At the same time, it was announced the launch of a joint fund in the near future to finance priority projects.

In the decision, the khokim was also instructed to work out the issue of creating a joint production of medical equipment, electronics, components and spare parts based on the Technopark infrastructure. In January, a list of potential Hungarian manufacturers will be formed, who will be invited to Tashkent for negotiations.

According to the document, in 2023-2024, it is planned to supply Hungarian companies from Uzbekistan with knitwear for $1 million, yarn for $1 million, dried fruits and vegetables for $3.1 million and polyethylene granules for $3.1 million.