TASHKENT (TCA) — China’s Xinjiang Silu Changlong Investment Co., Ltd is planning to establish a modern trade and logistics center for production, processing and export of agricultural products in Uzbekistan’s Bukhara province. That was announced during the 1st International Fruit and Vegetable Fair which was held in Tashkent last week, Novosti Uzbekistana news agency reported.
The Chinese company plans to invest a total of $28.7 million to build a modern logistics center, two enterprises for processing of fruit and vegetable and meat and dairy products, a workshop producing cardboard and plastic boxes, four refrigerators, and energy-efficient greenhouses; plant orchards using intensive technologies; and buy MAN refrigerator trucks.
The project has received support from the Economy Ministry of Uzbekistan.
According to the Chinese company, all fruits and vegetables produced by the company in Uzbekistan will go for export.
The government of Uzbekistan has been paying great attention to increasing the export of Uzbek agricultural products. The recent 1st International Fruit and Vegetable Fair ended with the signing of 270 contracts for the export of Uzbek fruit and vegetables for more than $2 billion.
The Fair gathered more than 300 business representatives from the United States, the United Kingdom, the United Arab Emirates, South Korea, Japan, Italy, France, Malaysia, India, Russia, Latvia, Azerbaijan, Turkmenistan, Iran, Afghanistan, and Kazakhstan.
During the Fair, participants visited farms and orchards in Tashkent, Samarkand, Bukhara, Khorezm, Jizzakh and other regions of Uzbekistan.