A Chinese company is to build a biotechnology park in Uzbekistan’s Syrdarya region, the region's administration has reported.
Governor of Syrdarya, Akmaljon Mahmudaliyev, discussed the investment with director of high technology technoparks and innovation at China's Tianjin University, Bovi Zhang.
The cost of the project is estimated at $50mn, according to regional officials, who added that the technopark would be located in the Yangiyer free economic zone (FEZ).
Also, logistics and customs centres, taking up a total area of 10 hectares, would be built in relation to the technopark, they said.
bne IntelliNews has previously reported on $1.37bn of investment agreements between Uzbekistan’s Ferghana region and Chinese companies.
Related Articles
ADNOC and Inpex progress to production phase of Abu Dhabi's Onshore Block 4
Abu Dhabi National Oil Co. (ADNOC) and Japan’s Inpex Corp. (Inpex) have moved forward to the production phase of the emirate’s Onshore Block 4 concession, which is estimated to hold around 1bn ... more
Venezuela’s oil exports hold steady as China offsets US sanctions hit
The OPEC country exported an average of 770,000 barrels per day in May WHAT Venezuela’s exports of crude have been holding steady WHY Higher exports to China have helped offset US sanctions ... more
China-Africa trade soars 12.4% in first five months of 2025
China-Africa trade surged 12.4% in the first five months of 2025 to $134bn, but the African continent accounted for only 5.4% of the Asian powerhouse’s total foreign trade, data from China’s ... more