Uzbekistan's Ferghana region in the coming two years will see the implementation of 949 investment projects worth over $1.6bn, according to outlined plans announced during a visit of President Shavkat Mirziyoyev on February 5.
Most of the projects are in the chemical, textile, leather, footwear, construction materials and electrical industries.
Three projects worth a combined $537mn will be implemented by Ferganaazot, while 14 projects with a value of $154mn are planned in the textile sector.
As the region has limited land resources, there is a plan to develop 33,000 hectares of steppe, pasture and hilly lands. Of the $33mn allocated for this purpose, $10.5mn will be subsidised.
Some 105 multi-storey buildings will be erected in 11 districts of the region. Nearly $30mn will be allocated from centralised sources to repair 503 kilometres of roads.
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