South Korean companies to invest $36 million in construction of smart greenhouses in Tashkent region, Uzbekistan

Published Sep 11, 2024

Tridge summary

The Agency for Strategic Reforms of Uzbekistan, in collaboration with district and regional authorities and businesses, has unveiled a comprehensive plan for the economic revitalization of the Buka district in the Tashkent region. This strategy encompasses the establishment of two industrial zones spanning 100.8 hectares in Zhuraobod and Kuk Orol mahallas, with a focus on creating 'smart' greenhouses for cultivating a new variety of tomatoes in Samarkand mahalla. This project has piqued interest with potential investment of up to $36 million from South Korean entities. The district also aims to develop a fruit and vegetable freezing complex for exports, expand trade and service facilities along the A-373 highway, and offer land for entrepreneurial development adjacent to the highway.

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Original content

The Agency for Strategic Reforms of the Republic of Uzbekistan has published proposals for the economic development of the Buka district of the Tashkent region, EastFruit reports. The package of measures was prepared by the district and regional khokimiyats with the participation of businesses. For example, it is planned to create two industrial zones with a total area of 100.8 hectares in the Zhuraobod and Kuk Orol mahallas. It is also proposed to build “smart” greenhouses with an area of 220 hectares for a new variety of tomatoes in the Samarkand mahalla. According to Spot.uz, investors from South Korea intend to invest up to $36 million in the project. The grown tomatoes will be processed here. In addition, it is planned to create a complex for shock freezing of fruit and vegetable products for their subsequent export in the district. Read also: ...

Source: Eastfruit