Kashkadarya to Attract $3.5 Billion in Investments

Kashkadarya region plans to attract $3.5 bn in investments and increase exports to $1 bn in 2025, according to President Shavkat Mirziyoyev’s press service.

At a meeting on food security, investment growth, and poverty reduction, Governor Muratjon Azimov explained that these investments will create 300,000 jobs and reduce poverty to 6.5%, down from 8.6%.

The region has already secured $2 bn in investments this year, created jobs for 565,000 people, and lifted 90,000 residents out of poverty.

In the upcoming year, Kashkadarya aims to meet its demand for fruits, potatoes, and poultry meat. Foreign investments have funded the establishment of a 300-hectare orchard, and organic farming and agricultural processing are expanding.

The region will also see the construction of a livestock complex and a large poultry farm in Karshi and Kamashi.

Additionally, investors will contribute $233 mn to build five textile clusters and $209 mn to develop 147 non-metallic mineral deposits.

President Mirziyoyev stressed that the region’s economic potential remains largely untapped. He instructed the development of investment projects worth $300 mn to accelerate growth.