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Uzbekistan|politics|February 19, 2024 / 04:50 PM
Kazakhstan and Uzbekistan to build border industrial complex

AKIPRESS.COM - Construction of the industrial cooperation complex will begin on the Uzbek-Kazakh border this August, UzA reports.

The industrial complex, which will be built in Turkestan region of Kazakhstan and Syrdarya district of Syrdarya region of Uzbekistan, will occupy almost 100 hectares. In accordance with the project, the facility will have conditions for production and wholesale trade.

With the participation of the delegation that arrived in Uzbekistan on a working visit, led by Vice-Minister of Trade and Integration of Kazakhstan Kairat Torebayev, Head of Syrdarya region Akmaljon Makhmudaliyev and representatives of relevant ministries and agencies, a discussion of the project took place.

It was noted that the products manufactured, along with third countries, will be exported to the markets of Uzbekistan and Kazakhstan. The volume of mutual trade turnover is expected to increase to $10 billion. The date for the entire operation of the complex and its use for commercial purposes is set for 2030.

The complex will help increase the gross regional product of Turkestan and Syrdarya regions and transform the bordering territories into a large logistics center.

Following the meeting, the parties signed a joint document.

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