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The Uzbek-Chinese joint venture "Angren Insulation" has launched a new production of heat-insulating material (mineral fiberglass wool) in the territory of Angren FEZ with an annual capacity of 900.0 thousand packages in the form of tiles and rolls. The company has invested 15.7 million US dollars and installed a modern technological line, which allows producing competitive products with high added value. Upon reaching the planned production capacity, more than 300 workers will be e…

On July 8, 2022, “Angren Glassfiber” JV LLC became a member of Angren FEZ and was issued a certificate of membership. During 2022-2023, the company will implement an investment project in the production of fiberglass with an investment volume of $5.44M. The foreign investors of the company from the Chinese side is "KL Technology Co., Ltd." and from the Uzbek side “Bufs Union” LLC and “FBF Glass” LLC. The annual production capacity of fiberglass…

“Ecoton Sharq” FE LLC launched a new production of autoclaved aerated concrete blocks in the territory of the Angren FEZ with an annual capacity of 300 000 cubic meters. The volume of investments is equal to 8.1 million US dollars. The foreign investor of the LLC is “OTAU-K” LLP (Kazakhstan). The “Ecoton Sharq” FE LLC has installed a modern technological line, which allows producing competitive products with high added value. As a result, more than 160 work…

On June 30, 2022, a video conference was held with representatives of the Turkish company "FFA Shipping & Trading" with the participation of the Managing Company of the Istanbul Industrial and Free Trade Zone - DESBAŞ, during which the Turkish side presented the online platform "Global Free Zones" (https://globalfz. com). The main goal of this platform is to digitalize the services and strengthen international trade and cooperation between members of free economic zone…

On June 20, 2022, within the framework of the Uzbek-Azerbaijani business forum, held at the Hilton Hotel in Tashkent, a meeting was held with Mr. Elshad Nuriyev, the Chairman of the Board of the Economic Zones Development Agency of Azerbaijan. During the meeting, the parties discussed the prospects of industrial and economic cooperation between economic zones, as well as joint actions in the implementation of investment projects in the territories of free economic zones of Uzbekistan and Azer…

On June 16, 2022, a meeting with representatives of the Russian company TechnoNICOL was held at the Directorate of the Angren FEZ. During the meeting, the parties discussed the possibilities of manufacturing the heat-insulating material from expanded polystyrene in the territory of the Angren FEZ. TechnoNICOL was founded in 1992. Currently, the company is one of the five largest manufacturers of waterproofing and heat insulation materials in Europe, with 58 production sites in 8 countries (Ru…

On June 4, 2022, a meeting was held with the Deputy Head of company “Shijiazhuang Gaocheng District Yongfeng Cellulose Co., Ltd.” (China), during the meeting, the parties discussed the possibilities of implementing an investment project for the production of cotton cellulose and hydroxy-propyl methylcellulose (HPMC) in the territory of the Angren FEZ. As a result of the negotiations, an agreement was signed to cooperate on the implementation of the investment project.…

On June 2, 2022, in the “Akcha” block of the territory of the Angren FEZ, a new Uzbek-Pakistani “Pak-Merit Bleaching Clay” JV LLC has launched the production of activated bleaching clay. The investors of the JV are Pakistani and local entrepreneurs with an investment of 7.52 million US dollars. The production capacity of the company is 10.0 thousand tons of activated bleaching clay per year, intended for domestic and foreign markets. As a result, more than 100 worke…

On June 2, 2022, in the “Akcha” block of the territory of the Angren FEZ, a new Uzbek-Pakistani “Pak-Merit Bleaching Clay” JV LLC has launched the production of activated bleaching clay. The investors of the JV are Pakistani and local entrepreneurs with an investment of 7.52 million US dollars. The production capacity of the company is 10.0 thousand tons of activated bleaching clay per year, intended for domestic and foreign markets. As a result, more than 100 worke…

On June 2, 2022, in the “Akcha” block of the territory of the Angren FEZ, a new Uzbek-Pakistani “Pak-Merit Bleaching Clay” JV LLC has launched the production of activated bleaching clay. The investors of the JV are Pakistani and local entrepreneurs with an investment of 7.52 million US dollars. The production capacity of the company is 10.0 thousand tons of activated bleaching clay per year, intended for domestic and foreign markets. As a result, more than 100 worke…