EURASIAN STAR LOGO
Business & Economy UZB

Uzbekistan to establish project office to develop agriculture, industry and tourism in Karakalpakstan

On December 23, Uzbekistan President Shavkat Mirziyoyev chaired a meeting on the priority tasks for 2025 to utilize additional opportunities and increase investments and employment in the northwestern region of Karakalpakstan.

A project office will be established to develop three main areas in Karakalpakstan – agriculture, industry, and tourism. The office will analyze the growth points of each district, provide recommendations on the choice of crops, and increase land use profitability. It will prepare projects on processing raw materials and producing finished products, develop proposals on opening new tourist destinations, and organize appropriate infrastructure there.

This year has been very fruitful for Karakalpakstan. The region launched new industrial enterprises, tourist and energy facilities, and an IT park. A new road and railway bridge were opened, which connected Karakalpakstan with Khorezm.

The region offers more than 50 preferences in industry, entrepreneurship, and infrastructure. Only in Karakalpakstan, investors can directly receive land plots for projects.

Experts suggest reducing the area under low-productive and water-consuming cotton and replacing it with fodder crops and sesame in Karakalpakstan. The cultivation of fodder crops could generate an additional profit of 6.5 trillion UZS from meat and milk production, while sesame exports could be increased by $500 million.

Muynak alone has the potential for at least $1 billion worth of tourism projects. By developing integrated tourist facilities, it is possible to receive 1 million tourists annually and provide jobs for 5 thousand residents.

A 1 GW wind power plant is currently under construction in Karakalpakstan. Projects have been launched to build similar plants with a total capacity of 9.3 GW, generating 33 billion kilowatt-hours of electricity per year. The region also has significant natural gas reserves. In this regard, the meeting underlined the expediency of locating large-scale and energy-intensive metallurgical and chemical enterprises in Karakalpakstan.

It is also planned to create industrial orchards and vineyards on a total area of 3 thousand hectares in the region.

Leave a Reply

Your email address will not be published. Required fields are marked *