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Result of investment
16:29 / 2016-08-05

Due to the implementation of projects at the Jizzakh plastmassa joint-stock company, the production of two new types of products has begun, and 37 new jobs have been created.

Due to the implementation of projects at the Jizzakh plastmassa joint-stock company, the production of two new types of products has begun, and 37 new jobs have been created.

In accordance with a state programme, 3 billion 666 million soms worth of investment was used at the enterprise to implement new projects. In this process, thanks to the installation of new technologies, its production capacity nearly doubled. Now the enterprise can produce 800 tonnnes of polythene thin film and 7 thousand 900 tonnes of polythene pipes a year.

Due to the good results of these projects, it initiated the production of polythene thin film and polythene pipes 50-250 and 710-1200 millimetres in diameter.

There is large demand for polythene products in various economic sectors such as water resource management, consumer services, public utilities and construction. The Shortangazkimyo complex is supplying all the raw material, and so it has been possible to achieve those products’ lower production costs.

Work being implemented on attracting investment for projects on systemic economic changes, the modernization of industry’s branches and technical and technological upgrades is yielding great results. Four or five years ago, the economic condition of this joint-stock company was quite poor. Thanks to measures taken to restore it to economic health in line with a road map approved by a resolution dated 6 June 2014 of the Cabinet of Ministers of the Republic of Uzbekistan, the enterprise’s production operations were completely resumed.

“New projects have been implemented with investment that was made. As a result, the enterprise’s output and the types of its products have increased, and their quality has improved a lot,” says the head of the enterprise, Elyor Toraqulov.