UzA English

12.02.2019 21:31

New joint venture in Quvasay

New joint venture in Quvasay
LLC Running Business Trans Invest Uzbekistan – Turkey joint venture began operating in Quvasay of Fergana region.

Currently, special attention in the region is paid to supporting small business and private entrepreneurship, creating conditions for production of export-oriented products that are competitive on domestic and foreign markets, creating new jobs. This year, five major projects will be implemented by attracting foreign direct investment in the amount of 38 million USD. One of them is a new joint venture that has recently begun its activities.

Running Business Trans Invest joint venture in the small industrial zone is implementing a project worth 2.1 million USD.

– 300 new jobs have been created as a result of launching the first phase of the project, – says director of the joint venture Khusniddin Otaboyev. – Over 50 types of knitwear products are produced here. Most of the products will be exported.

M.Sulaymanov, UzA
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