Chinese Investor Plans LED Factory and 4-Star Hotel in Bukhara
Chinese Investors to Implement Various Projects in Bukhara Region
Chinese investors have recently agreed to undertake several projects in the Bukhara region, as announced by the regional administration’s press service.
A delegation led by Bukhara region’s deputy governor, Rizo Asadov, traveled to the cities of Shenzhen, Zhongshan, and Shenyang from March 16 to 22 for investment negotiations with key business representatives and government officials.
During a meeting with Shenyang’s Vice Mayor, Liu Kebin, discussions centered around potential collaborations in education, tourism, and healthcare. Talks with Shan Yi, Deputy Head of Liaoning Province, focused on mineral resource extraction and the establishment of joint industrial zones, culminating in the signing of a memorandum of cooperation between Bukhara and Liaoning.
Several significant agreements were reached during the trip, including partnerships with major Chinese companies such as Shenzhen Water Technology and Enermall. One notable memorandum was signed with Qitong Tea to establish tea plantations and tea production in the region, with an investment of $10 million.
Additionally, Highclass Solar Light Co. Ltd is set to initiate LED lamp production and construct a four-star hotel worth $10 million in Bukhara. Guangdong Chant Group plans to develop a cogeneration system for a residential complex in the regional center.
Furthermore, an agreement was made with Taili Group to establish an academy in Uzbekistan for workforce training and create a marketing platform. Yoye Wisdom aims to localize textile manufacturing for export to Europe, while Lesso has plans for collaboration in the construction sector.
With these agreements in place, the Bukhara region looks forward to the implementation of various projects to promote economic growth and cooperation with Chinese investors.
