Investment hub of Fergana region of Uzbekistan to raise more than $161 million

Beijing. June 13. Silkroadnews - More than $161 million are expected to be attracted to the investment hub of the Ferghana region, the Uzbek Telegraph Agency (UzTAG) reports referring to the investment projects presented to the President of Uzbekistan Shavkat Mirziyoyev.
There is an investment hub is being established in the region to directly attract foreign investment. More than 161 million dollars are projected to be raised through the hub’s permanent overseas offices, domestic and foreign enterprises. The funds will be used to open new enterprises and modernize the existing ones, creating more than 2.7 thousand jobs. The investment hub is also expected to operate in close interaction with the free economic zones and innovation centers of the region, the press service of the President of Uzbekistan said.
The President instructed the responsible persons to finalize the system development, organize similar hubs in other regions of the country, and increase the number of economically sustainable enterprises.