A new plant for the production of metalware for industrial use is planned for construction on the territory of the Free Economic Zone Angren.

Memorandum on the project was signed in the framework of the Uzbek-Turkish business forum between management of the FEZ Angren and Director of DAL Teknik Makina Sanayi Ve Tigaret AnonimSirketi Gaudet Gave, in Istanbul, Turkey.

According to preliminary data, the total investment will be about $10 million.

A 6 ha land plot for this has already been determined within the FEZ Angren. The project initiator is currently preparing a package of documents for submission to the members of the Administrative Council of FEZ.

The project is scheduled for completion by the end of this year, which will significantly reduce the import of finished metalware for industrial purposes and create about 100 new jobs in the region. (UzReport/Ukrainian metal)

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