Uzbekistan’s economy has doubled its GDP in recent years, reaching $110 billion. On November 23, President Shavkat Mirziyoyev visited the “New Generation” industrial zone in the Yangikhayot district of Tashkent, emphasizing the need for favorable conditions to attract large-scale investments.

The industrial zone spans 764.5 hectares and will host 47 projects worth a total of $1.375 billion, specializing in food processing, chemical production, construction materials, electrical equipment, and machinery. These projects are expected to create around 12,000 new jobs.

Key initiatives include the establishment of a commercial vehicle manufacturing plant by China’s JAC Motors, with an annual production capacity of 50,000 vehicles and the creation of 2,000 jobs. Other projects include office furniture production with Japan’s Aces Japan and a logistics center in collaboration with DP World.

A vocational training center, designed to train 3,000 specialists annually, will also be a vital component. This center will use a dual education system to prepare skilled workers for industrial enterprises, awarding internationally recognized certificates to graduates.

The industrial zone will also feature research labs, conference halls, a free trade zone, and hotels, making it a significant driver of economic growth, attracting foreign investment, and fostering the production of competitive, high-value-added products.