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...