The International Finance Corporation (IFC) is investing in East Can Solutions to support the construction of Uzbekistan’s first greenfield aluminium can production facility, the company said.
Based in Tashkent, the plant will supply domestic beverage producers with fully recyclable metal packaging, helping meet growing demand while reducing the country’s reliance on imports. Uzbekistan’s metal packaging market is currently fully dependent on foreign suppliers, leaving manufacturers exposed to supply chain disruptions, volatile import costs and long delivery times.
IFC’s financing will also support job creation, with more than 200 direct positions anticipated once the facility is fully operational.
Production capacity is projected to reach up to 1.1 bn aluminium cans per year. The plant will use energy-efficient equipment designed to lower power consumption and reduce emissions, supporting Uzbekistan’s climate and sustainability targets.
«With IFC’s financing and advisory support, we will be able to provide high-quality, recyclable packaging to Uzbek beverage producers and build a more competitive and sustainable industry,» said Shukhrat Ergashiev, founder of East Can Solutions.
He added that the investment would help ensure reliable local supply, cost efficiency and the adoption of international production standards.
Beyond financing of up to $18 mln, IFC will work with East Can Solutions to align its environmental and social practices with IFC Performance Standards and global industry norms. The company will also receive support in pursuing EDGE green building certification.
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