The key facts
- A $1.5 billion project for polymers based on Uzbekistan GTL naphtha; the plant is being prepared for privatization
- Three projects worth $300 million have been prepared at the plant; in small-tonnage chemistry — more than 30 proposals worth $830 million
- Instructed to prepare a three-year program with projects worth $20 billion and 50,000 jobs
A $1.5 billion project based on Uzbekistan GTL
On October 22, President Shavkat Mirziyoyev held a meeting dedicated to the socio-economic development of Kashkadarya region. According to the presidential press service, based on 430,000 tons of naphtha produced at the Uzbekistan GTL plant, which is being prepared for privatization, a project worth $1.5 billion has been proposed for the production of new polymers and petrochemical products.
Other projects of the region
Three major projects with a total value of $300 million have also been prepared at the Uzbekistan GTL plant. The capacity of the privatized Dekhkanabad potassium plant is planned to be increased from 365,000 to 600,000 tons. In the field of small-tonnage chemistry, more than 30 project proposals worth $830 million have been prepared.
Three-year program and regional indicators
Officials have been instructed to prepare a three-year program including projects worth $20 billion and the creation of 50,000 jobs. Over nine months, industry in Kashkadarya region grew by 8.4%, services by 16.6%, and agriculture by 4.9%. At the same time, the region ranks seventh in the country in industrial output per capita, ninth in services, and eleventh in agriculture and construction volumes.
Presidential instructions
According to the press service, the president emphasized that if district khokims and banks create an environment providing 'incentive for knowledge, opportunities for labor, support for initiative,' then Kashkadarya could join the ranks of the most advanced regions within one to two years. The president instructed to turn gas, electricity, and mineral wealth into profitable jobs and high added value in order to ensure the transition of industry to a new stage.
