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Investment Guide for Khorezm Region

 

 

 

 

Khorazm province is located in the north-western part of Uzbekistan on the left bank of Amudarya river. Total area constitutes 6.3 thousand square kilometers or 1.4% of total area of Uzbekistan.

borders with the Republic of Karakalpakstan in the north, with Turkmenistan in the south and with Bukhara province in the north-east.

The population of the province amounts to more than 1.5 million. The province is divided in to 10 following administrative districts: Bagat, Gurlen, Koshkupir, Urgench, Khazarsp, Khanka, Khiva, Shavat, Yangiaryk and Yangibazar districts; Urgench city is the administrative center of the province. Khiva and Pitnak are among other big cities.

The climate of the province is sharply continental with fairly dry winter and summer.

Khiva is situated in the west of Khorazm province of Uzbekistan. Kyzyl-Kum Desert starts here. Centuries-old history of Khiva is inseparably linked with history and destiny of Khorazm which was the most ancient civilization center on the territory of Central Asia. Recent archaeological excavations revealed that there are brickworks in the foundation of fortress walls of Khiva; such brickworks are peculiar to Ancient Khorazm. This moves the age of Khiva to the second millennium and the date of its establishment to the origin of Common Era. Khiva was destined to become the khanate capital and main city of the oasis due to alteration of Amudarya river route.

Kiva’s inner city is Ichan-Kala fortress. Khiva stayed within these boundaries in the ÕVI-XVII centuries and was surrounded with powerful clay-made wall which length constituted more than 2 200 meters and height more than 7 meters. There were erected fortified semi-circular towers along the entire perimeter of the walls. A lancet gallery containing embrasures and battlements were located in upper section of the walls. The fortified walls of Ichan-Kala provided strong and reliable protection of Khiva until invasion of the Iranian troops of Nadir-khan in the middle of the ÕVIII century.

At that time, Khiva was conquered and part of its fortification had been destroyed. During Kungrad dynasty, Khiva greatly expanded and, by the XX century, its square was many times greater than Ichan-Kala square.

Russia’s protectorate was established over Khiva Khanate in the 70s of the ÕIÕ century. In 1925, the lands of Khiva Khanate were annexed to the Soviet Union; and Khiva has become a part of Uzbekistan. Khorazm province was established on January 15, 1938.

 

 

Main goals of economic development of the province are creation of favorable conditions for ensuring sustainable businesses development and establishment of a class of real property owners.

The volume of gross regional product (GRP) amounted to 1 003.7 billion soums (796.5 million US dollars). The economy of the province stably develops during the last years; following macroeconomic indicators prove this: according to the outcomes of the year 2007, GRP growth amounted to 107.9%, inflation rate for the province stayed at 6.6%, share of small business and private entrepreneurship entities reached 64.4% in total volume of GRP.

GRP per capita amounted to 672.1 thousand soums (533.4 US dollars excluding purchasing power parity) or 126% compared to the same indicator for year 2006.

30 thousands enterprises were registered in the province according to the outcomes of the year 2007. Quantity of newly established enterprises amounted to 2.7 thousands in 2007 of which 2.4 thousand are small business enterprises.

As of January 1, 2008, population of the province amunts to 1 503.9 thousands people of which 22.2% reside in cities and 77.8% live in rural areas. Average population density reaches 4.2 persons per 1 square kilometer.

Quantity of the able bodied population of the province comprises 833.2 thousands or 55.4% of total population. The greater portion of the able bodied population consists of skilled specialists in agriculture, industry, capital construction and social sector.

Major portion of the population is employed in agriculture (more than 20%), in industrial production (5.5%), construction (more than 6%), trade and public catering (6%), transport and communication (2.5%) as well as education (about 10%).

A developed financial infrastructure is available in the province. 48 branches of commercial banks, 141 mini-banks, 23 savings cash offices, 52 specialized cash offices, 20 branches of insurance companies, 1 credit union and 1 leasing company operate in the province.

Share of agriculture in gross regional product amounts to about 48%.

Main sectors of agriculture are cotton-growing, grain-growing, vegetable-growing and gardening.

275 thousand tons of cotton, 272.3 thousand tons of vegetables, 148.1 thousand tons of grain crops, 87.9 thousand tons of fruits, 67.7 thousand tons of melons and gourds, 19.5 thousand tons of grapes were produced in year 2007. Growth of agricultural production amounted to 105.2% in 2007.

 

Areas under crops comprise about 220 thousand hectares.
About 19 thousand farm enterprises function in Khorazm province.
At present time, 6 enterprises processing agricultural products are presented in the province. A battery farm operates as well.

A priority direction for further development of the agrarian sector includes raising volumes of processed agricultural products. Availability of good raw materials base and relatively cheap labor force allows developing processing.
 

 

 

 

Following kinds of mineral and raw material resources are available in Khorazm province: sand for production of silicate products, raw materials for production of bricks and mineral waters.

Share of industry in total gross regional product constitutes 7%.

Main branches of industry are cotton-processing, light industry, food industry, production of construction materials and machinery building.

In 2007, gross product by light industry amounted to 153.7 billion soums (122 million USD), gross product by food industry constituted 54.4 billion soums (43.2 million USD), gross product by flour-milling and feed-mill industries amounted to 39.8 billion soums (31.6 million USD), gross product by construction materials industry reached 11.9 billion soums (9.5 million USD), gross product by machinery building industry amounted to 11.4 billion soums (9.1 million USD).

40 major industrial enterprises operate in the province, among which the following can be distinguished: Uzbek-Swiss Open Joint-Stock Company “Urganch yog” (cotton-seed oil and laundry soap production), Uzbek-Turkish Joint-Venture “Khorazm-Nurtop” (cotton yarn production), Uzbek-Turkish Joint-Venture “Bagattextile” (cotton yarn and linen), Uzbek-Austrian Joint Venture

Open Joint stock company “Khorazm-Shakar” (sugar production), Joint stock company “Urganch Sharob” (spirits production), Uzbek-Swiss Gurlen Factory “Muruvvatex” (textile industry), Open Joint stock company “Khiva Gilami” (carpets and carpet products), Uzbek-German Joint-Venture “Khiva Carpet” (carpets and carpet products), Open Joint stock company “Ut Urish Mashinalari” (agricultural machinery and spare parts production), Limited Liability Company “Khozarasp-Textile” and Joint stock company “Khorazm Ipagi” (silk industry).

Following industrial products are produced in the province: excavators, agricultural machinery, clothing and knitwear products, yarn, cotton and silk fabrics, ceramics, porcelain, furniture, carpets and carpet products, plastic products, wine and alcohol products, vegetable oil. Growth of industrial production amounted to 112% in 2007.

According to the outcomes of the year 2007, external trade turnover amounted to 147.9 million USD and increased by 41% compared to 2005. Volume of export reached 122.6 million US dollars in 2007; import amounted to 25.3 million US dollars. Positive balance of external trade constituted 97.3 million US dollars.

Highest volumes of external trade fall onto companies from Russia, China, Kazakhstan, Iran, Turkey, Singapore, Ukraine, Latvia and Turkmenistan.

The province has developed communication networks. Total length of railways constitutes 128.7 kilometers, total length of automobile roads is 2 265 kilometers. Automobile roads connect Kazakhstan’s and Russia’s automobile road networks with Turkmenistan and Iran.

Amudarya river flows across the province and has length of 148 kilometers.

An international airport operates in Urgench city and is capable of receiving various types of cargo and passenger air planes. Regular flights are made to Moscow and Paris.

Telegraph, international and long-distance, urban and rural as well as postal and cellular communication operate in Khorazm province. Cellular communication service providers in the province are “MTS-Uzbekistan”, “Beeline”, “PerfectumMobile” (CDMA Standard) and “Coscom” (U-Cell).

 

 

 

 

 

 

 

Educational system is developed in the province: there are 3 higher educational institutions, 65 secondary specialized vocational colleges, 540 secondary schools and 358 pre-school institutions.

423 libraries, 189 clubs, 2 museums and 2 theaters function in the province.

Special attention is paid to healthcare of the population in the province; 41 hospital institutions, 65 medical attendant’s obstetric centers, 23 rural dispensaries and 147 medical outpatient clinics operate in cities and districts of the province.

Khiva city is one most ancient cities of our planet; its 2500th anniversary was widely celebrated by world community in 1997.

Khiva’s historical center, namely Ichan-Kala fortress, was included in the list of World Cultural Heritage by UNESCO.

Many historical monuments such as Khan Palaces, mosques, madrasah, mausoleums and minarets are located here.

private tourist organizations and other tourist facilities exist in Khiva. Quantity of employed people in tourism sector amounts to about 1 000. Main hotels of the province are “Khorazm Palace”, “Asia Khiva”, “Jaikhun”, “Khiva malikasi”, “Urgench”, “Avesto”. Cost of living in them varies from 19 to 100 US dollars.

According to the outcomes of the year 2007, foreign investments and loans were attracted to the province in amount of more than 16.8 million US dollars.

Most attractive sectors for investments are textile industry, food industry, processing of fruits and vegetables, production of construction materials and tourism sector.

In the Republic of Uzbekistan, there has been established national treatment regime which ensures provision for foreign investments the treatment which is not less favorable than those conditions for investments made by legal and natural persons of the republic.

The enterprises, which attract direct private foreign investments and which are located in Khorazm province as well as which conduct activity in following sectors of economy: production of radio electronics products and spare parts for computer and computing equipment, light industry, silk production industry, building materials industry, industrial production of poultry and eggs, food industry, milk and meat industry, chemicals and pharmaceutical industry; those enterprises are exempt from income (profit) tax on main activity, property tax, tax for development of social infrastructure and land improvement of territories, single tax for micro firms and small enterprises as well as compulsory payments to the Republic Road Fund.

The stated tax privileges are given according to following volumes of direct private foreign investments:
- for a period of 3 years for investments from 300 thousand US dollars up to 3 million US dollars;
- for a period of 5 years for investments above 3 million US dollars up to 10 million US dollars;
- for a period of 7 years for investments above 10 million US dollars.

 

 

 

30 foreign investment enterprises (FIE) are registered in the province; they operate in textile, food and chemical industries, production of construction materials, trade and services sectors.

Joint ventures are established with participation of foreign capital from Russia, Turkey, Germany, USA, China, Switzerland and Great Britain.

 

It is worth to note following enterprises such as Uzbek-Turkish Joint Venture “Khorazm-Nurtop” (cotton yarn production), Uzbek-Turkish Joint-Venture “Bagattextile” (cotton yarn and linen), Uzbek-Swiss Open Joint-Stock Company “Urganch yog” (cotton-seed oil and laundry soap production), Khorazm branch of Russian Foreign Enterprise “Uzdunrobita” (cellular communications) and Russian-British Foreign Enterprise “Khiva” (absorbent cotton production).

 

No.
Project Description and Purspose of the Project
Project Amount / Property Value, Shares Holding (thousand US dollars)
Textile Industry
1 Establishment of a joint venture for production of 5 thousand tons of cotton yarn, 6000 tons of stockinette materials, 4 million sets of bed-clothes per year on the basis of the unfinished textile complex in Bagat district of Khorazm province 52 668
2 Organization of production of 9 thousand tons of cotton yarn per year on the basis of Open Joint stock company “Khiva gilami” 25 052.5
3 Establishment of a joint venture for production of 9 thousand tons of cotton yarn per year on the basis of the unfinished textile complex in Shavat district 19 540
4 Establishment of a joint venture for production of 6 thousand tons of cotton yarn per year on the basis of Joint stock company “Yangiaryk” 13 958
5 Establishment of a joint venture for production of 4 thousand tons of cotton yarn per year on the basis of the unfinished textile complex in Kushkupyr district 9 000
6 Organization of production of 4 thousand tons of cotton yarn per year on the basis of Limited Liability Company “Khonka ip yigirish va tukimachilik fabrikasi” 8 343.5
7 Auction sale of the property complex of Limited Liabillity Company “Hazarasp Textile” (production of cotton yarn) 7 500
8 Establishment of a joint venture for production of 2 thousand tons of cotton yarn per year on the basis of the unfinished textile complex under Open Joint stock company “Yangibozor pakhta tozalash” 6 143.5
9 Auction sale of the property complex of Joint Venture “Shovottex” (production of cotton yarn) 593.2
Carpet Weaving
10 Auction sale of the property complex of Joint Venture “Khiva Carpet” 42 538
11 Auction sale of the property complex of Joint stock company “Khiva gilami” 22 692
Leather-Shoe (Tanning) Industry
12 Auction sale of the property complex of Joint Venture “Semurg San Te” (leather processing) 971.8
13 Auction sale of the property complex of Joint Venture “Darital” (footwear production) 668.4
Electrical Industry
14 Establishment of a joint venture for assembly of 250 pieces of stationary telephone sets per year on the basis of Limited Liability Company “Aloka Vista” 5 100
Processing of Fruit and Vegetable Products
15 Auction sale of the property complex of Joint Venture “Meva” (production of purees and juices) 1 028.1
Food Industry
16 Organization of production of 960 tons of caramel with filling on the basis of Limited Liability Company “Temir yulchi” 335
Glass-Works Industry
17 Organization of production of 30.6 million of conventional jars of glass products on the basis of Limited Liability Company “Dustlik biluri” 850

The list of investment projects proposed for joint implementation with foreign investors may be amended as time elapses. More updated information on the current proposed projects is available on the web-site of Agency “Uzinfoinvest”:www.investuzbekistan.org

TEXTILE INDUSTRY

1. Establishment of a joint venture for production of 5 thousand tons of cotton yarn, 6000 tons of stockinet materials, 4 million sets of bed-clothes per year on the basis of the unfinished textile complex in Bagat district of Khorazm province

I. Information on Investment Project Initiator

Full Name

Open Joint stock company “Yengilsanoatinvest”

Legal Address 

Khorazm province, Bagat district, “Besharyk” village

Contact Person:

R. Jumaniyazov

e-mail:

xorazm@yahoo.com

telephone

8-362-226-40-59

fax

8-362-224-03-88

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

1

Open Joint stock company “Yengilsanoatinvest” (State Joint stock company “Uzyengilsanoat”)

100%

Brief Information about Enterprise

Construction of the facility has not been completed.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 21.5 hectares;
Total area of buildings and premises (thousand square meters): 46.2; Dimensions of fire-station: 27.3x18.3x5.4;
Dimensions of ABK: 39.75x18.4x9.1;
Dimensions of fuel oil house:  18.8x9.7x7.5;Dimensions of boiler-room building: 60.5x18.8x6;
Dimensions of auxiliary boiler-room building: 4.4x3.25x2.6;Dimensions of power-generating unit: 44x18.6x9.7

Distance to Automobile Road:

100 m

Distance to Railway:

2 km

Electric Power Supply:

three-phase electric power supply is available

Water Supply:

Available using pipes with diameter of 300 mm

Sewage:

Available using pipes with diameter of 1000 mm

Gas Supply:

available using pipes with diameter of 1000 mm

Heating Supply:

not available

 

Fixed Assets Value (Depreciated Book Value and Real Market Value)

4 804.7 million soums

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for production of 5 thousand tons of cotton yarn, 6000 tons of stockinet materials, 4 million sets of bed-clothes per year

• Brief Description of Technological Process Cycle and Required Equipment

Technological production line for production of cotton yarn (Nm 34/1), stockinet material and bed

• Market Demand in Planned Production of Products (Services)

80% for export, 20% for domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber procured in domestic market

Investment Demands

Project Costs

52.7 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

Unfinished construction, engineering communications, specialists and works, the share is 7 %

Contribution and Share of Attracted Investor

49 000 thousand US dollars, the share in the joint-venture enterprise is 93 % (if the investor desires, the facility may be placed for sales) 

Required Volume of Investments

49 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand USD

Loan Funds

Local Funds, million soums

Foreign Funds, thousand USD

4 804.7

49 000

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand USD

Purchase of Equipment

 

34 000

Including
        - of local production

 

 

        - of imported production

 

34 000

Conduct of Construction and Installation Works

7 818

 

Purchase of Raw Materials

 

6 000

Formation of Working Assets

3 909

 

 

Payback of Project (in months) 

84 months

TEXTILE INDUSTRY

2. Organization of production of 9 thousand tons of cotton yarn per year on the basis of Open Joint stock company “Khiva gilami”

I. Information on Investment Project Initiator

Full Name

OJSC “Khiva gilami”

Legal Address 

Khorazm province, Khiva city, 2 Obvodnaya Street

Contact Person:

R. Matchanov

e-mail:

xorazm@yahoo.com

telephone

8-362-375-39-85

fax

8-362-375-39-85

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

In million soums

1

State

25%

26.7

2

Employees

8.5%

9.1

3

Foreign Investor

25%

26.7

4

Share for Free Sale

41.5%

44.5

 

Total

100%

107.0

 

Servicing Bank

Khiva Branch of National Bank for FEA of RU

Brief Information about Enterprise

The enterprise was established on January 1, 1978. Produced products include: carpets and carpet products (composition: nitronic fiber, sheep wool, cotton yarn, jute weft yarn). There are following production shops: dyeing, blending, hardware shops, spinning room, preparatory shop, weaving production, loom and finishing shops.

Volume of Production:

No.

Name of Product

Volume of Production

Utilization of Production Capacities, %

Export in
thousand USD

2006

2007

2006

2007

2006

2007

1

Carpets and carpet products

235 thousand square meters

70.0 thousand square meters

46.7

10.7

-

-

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility 19.9 hectares
Total area of buildings and premises 30 thousand square meters

Distance to Automobile Road:

2 km

Distance to Railway:

35 km

Electric Power Supply:

AShShV Cable: 10-2 (3Õ35) for 750 m;
TMZ - 2Õ1600/10 KV Transformers (2 pieces), TMZ - 2Õ1000/10 KV Transformers (2 pieces), TMZ - 2Õ400/10 KV (2 pieces)

Water Supply:

available using pipes with diameter of 300 mm, pressure is 4 atmospheres

Sewage:

Inner discharge manifold with D 300 mm,external sewage collector with D 400 mm

Gas Supply:

Pipes with D 76 mm, pressure is medium and normal via gas-distribution center

Heating Supply:

Own boiler-house is available

Extended Bank Loans:


Creditor

Loan Amount

Interest Rate

Year of Loan Extension

Year of Loan Repayment

NB for FEA of RU

183.2

28

24.07.2002

Loan is overdue

 

Enterprise Book Value as of January 1 of current year, (million soums)

4187.7

Fixed Assets Value (Depreciated Book Value and Real Market Value, million soums)

11465.8

II. Description of Investment Project    

• Purpose of Investment Project:

Organization of production of 9 thousand tons of cotton yarn per year

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (Nm 34/1) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

80% for export, 20% to domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

25.1 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

8 752.5 thousand US dollars, production buildings, premises, communications, specialists and workers, the share is 46.81%

Contribution and Share of Attracted Investor

16 300 thousand US dollars, the share in the joint venture is 53.19 % (if the investor desires, the facility may placed for sales)

Required Volume of Investments

16.3 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand USD

Loan Funds

Local Funds, million soums

Foreign Funds, thousand USD

11 465.8

16 300

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand USD

Purchase of Equipment

 

10 000

Including
        - of local production

 

 

        - of imported production

 

10 000

Conduct of Construction and Installation Works

1 303

 

Purchase of Raw Materials

 

4 200

Formation of Working Assets

1 433.3

 

 

Payback of Project (in months) 

72 months

TEXTILE INDUSTRY

3. Establishment of a joint venture for production of 9 thousand tons of cotton yarn per year on the basis of the unfinished textile complex in Shavat district

I. Information on Investment Project Initiator

Full Name

OJSC “Yengilsanoatinvest”

Legal Address 

Khorazm province, Shavat district, 13, Turkiston Street

Contact Person:

R. Jumaniyazov

e-mail:

xorazm@yahoo.com

telephone

8-362-226-40-59

fax

8-362-224-03-88

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

1

Open Joint stock company “Yengilsanoatinvest” (State Joint stock company “Uzyengilsanoat”)

100%

Brief Information about Enterprise

Construction of the facility has not been completed.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 10.5 hectares
Total area of buildings and premises (thousand square meters): 26.5; Production building: 295x90x6.9; Auxiliary production building: 133õ36õ6.9  (20% completed construction); Administrative building: 68õ18õ10 (3-storey, 20% completed construction);
Canteen: 30õ36õ4.5 (90% completed construction);
Raw materials warehouse: 34õ36õ8.4 (20% completed construction); Construction completeness level is 85%

Distance to Automobile Road:

100 m

Distance to Railway:

6 km

Electric Power Supply:

not available, distance is 1 km

Water Supply:

not available, distance is 2 km

Sewage:

not available

Gas Supply:

not available, distance is 0.2 km

Heating Supply:

not available

 

Fixed Assets Value (Depreciated Book Value and Real Market Value)

3 065.1 million soums

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for production of 9000 tons of cotton yarn on the basis of unfinished construction of a textile complex

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (Nm 50/1, Nm 34/1) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

80% for export, 20% to domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

19.54 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

2 340 thousand USD in form of unfinished construction, specialists and works, the share in the joint venture is 12.1 %

Contribution and Share of Attracted Investor

17 200 thousand US dollars, the share in the joint venture is 87.9 % (if the investor desires, the facility may be placed for sales) 

Required Volume of Investments

17.2 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand USD

Loan Funds

Local Funds, million soums

Foreign Funds, thousand USD

3065.1

17 200

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand USD

Purchase of Equipment

 

10 000

Including
        - of local production

 

 

        - of imported production

 

10 000

Conduct of Construction and Installation Works

2 606

 

Purchase of Raw Materials

 

4 200

Formation of Working Assets

1 303

 

 

Payback of Project (in months)

72 months

TEXTILE INDUSTRY

4. Establishment of a joint venture for production of 6 thousand tons of cotton yarn per year on the basis of Joint stock company “Yangiaryk”

I. Information on Investment Project Initiator

Full Name

JSC “Yangiaryk”

Legal Address 

Khorazm province, Yangiaryk district, 1 Mustakillik Street

Contact Person:

Yu. Abdullaev;

e-mail:

xorazm@yahoo.com

telephone

8-362-385-14-45

fax

8-362-385-14-45

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

in million soums

1

LLC “Yangiaryk KMK-291”

23%

83.2

2

OJSC “Yangiaryk pakhta tozalash zavodi”

10%

36.2

3

29 enterprises and natural persons

67%

242.4

 

Total

100%

361.8

 

Servicing Bank

Joint Stock Commercial Bank “Pakhta bank”

Brief Information about Enterprise

The enterprise was established in 1993. Construction has not been completed.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 5.45 hectaresTotal area of buildings and premises: 16.7 thousand square meters Dimensions (length, height, width) of buildings (m): à) Administrative building 24x12x10.5 b) Production building 144x114x10.5 Current condition of buildings and premises: 65 % of total volume of construction

Distance to Automobile Road:

500 m

Distance to Railway:

25 km

Electric Power Supply:

three-phase electric power supply is available

Water Supply:

available using pipes with diameter of 100 mm

Sewage:

not available

Gas Supply:

available, pipes with diameter of 200 mm, 100 mm, 50 mm

Heating Supply:

not available

 

Fixed Assets Value (Depreciated Book Value and Real Market Value)

994.2 million soums

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for production of 6000 tons of cotton yarn per year

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (Nm 50) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

80% for export, 20% to domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

13.96 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

758.9 thousand USD in form of unfinished construction, specialists and workers, share in JV is 5.5 %

Contribution and Share of Attracted Investor

13 200 thousand USD, the share in the JV is 94.5 % (if the investor desires, the facility may be placed for sales)

Required Volume of Investments

13.2 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand USD

Loan Funds

Local Funds, million soums

Foreign Funds, thousand USD

994.2

13 200

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand USD

Purchase of Equipment

 

7 500

Including
        - of local production

 

 

        - of imported production

 

7 500

Conduct of Construction and Installation Works

2 606

 

Purchase of Raw Materials

 

3 000

Formation of Working Assets

912.1

 

 

Payback of Project (in months)

72 months

TEXTILE INDUSTRY

5. Establishment of a joint venture for production of 4 thousand tons of cotton yarn per year on the basis of the unfinished textile complex in Kushkupyr district

I. Information on Investment Project Initiator

Full Name

OJSC “Kushkupir pakhta tozalash”

Legal Address 

Khorazm province, Kushkupyr district, 15 Sh.Rashidov Street

Contact Person:

Î. Khasanov

e-mail:

xorazm@yahoo.com

telephone

8-362-329-29-57

fax

8-362-329-29-57

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

in million soums

1

OJSC “Kushkupir pakhta tozalash”

100%

30.9

 

Servicing Bank

Joint Stock Commercial Bank “Pakhta bank”

Brief Information about Enterprise

The enterprise was established in 1993. There is unfinished construction.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 5 hectaresTotal area of Buildings and Premises: 13 thousand square meters Dimensions (length, height, width) of buildings (m): 100x130x8 Current condition of buildings and premises: 10% of total volume of construction

Distance to Automobile Road:

1 km

Distance to Railway:

30 km

Electric Power Supply:

three-phase electric power supply is available

Water Supply:

available using pipes with diameter of 500 mm

Sewage:

not available

Gas Supply:

available, pipes with diameter 200 mm, 1 atmosphere

Heating Supply:

available

 

Book value of enterprise as of January 1, 2006

31 million soums

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for production of 4000 tons of cotton yarn per year on the basis of unfinished construction of the textile complex

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (Nm 34/1) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

80% for export, 20% to domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

9 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

Unfinished construction, specialists and workers

Contribution and Share of Attracted Investor

9 000 thousand US dollars (if the investor desires, the facility may be placed for sales)

Required Volume of Investments

9 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand US dollars

Loan Funds

Local Funds, million soums

Foreign Funds, thousand US dollars

-

9 000

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand US dollars

Purchase of Equipment

 

5 000

Including
        - of local production

 

 

        - of imported production

 

5 000

Conduct of Construction and Installation Works

1 954.5

 

Purchase of Raw Materials

 

2 000

Formation of Working Assets

651 .5

 

 

Payback of Project (in months)

60 months

TEXTILE INDUSTRY

6. Organization of production of 4 thousand tons of cotton yarn per year on the basis of Limited Liability Company “Khonka ip yigirish va tukimachilik fabrikasi”

I. Information on Investment Project Initiator

Full Name

LLC “Khonka ip yigirish va tukimachilik fabrikasi”

Legal Address 

Khorazm province, Khanka district, 2 O.Babajanov Street

Contact Person:

U. Vaisov

e-mail:

xorazm@yahoo.com

telephone

8-362-39-91-311

fax

8-362-39-91-311

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

in US dollars

1

Open joint stock company “Khonka pakhta tozalash”

100%

72 793

 

Servicing Bank

Joint Stock Commercial Bank “Pakhta bank”

Brief Information about Enterprise

The enterprise was established in 20.06.2003. The enterprise produces factory clothes. Following shops and production premises are available: production shop, weaver's looms of ÀÒPR

Volume of Production:

Volume of Production:

No.

Name of Product

Volume of Production
Million soums

Utilization of Production Capacities, %

Export in
thousand US dollars

2006

2007

2006

2007

2006

2007

1

Factory clothes

735.0

-

-

-

-

-

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 2.05 hectaresTotal area of buildings and premises (thousand square meters): 6.6

Distance to Automobile Road:

100 m

Distance to Railway:

2 km

Electric Power Supply:

three-phase electric power supply is available

Water Supply:

available using pipes with diameter of 120 mm

Sewage:

available

Gas Supply:

Available, there is own gas-distributing center

Heating Supply:

Available, there is own boiler-house

 

Book value of enterprise as of January 1 of current year, (million soums)

239.1

Fixed Assets Value (Depreciated Book Value and Real Market Value, million soums)

450.0

II. Description of Investment Project    

• Purpose of Investment Project:

Organization of new production of 4 thousand tons of cotton yarn per year

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (50 Nm) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

80% for export, 20% to domestic market

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

8.34 thousand USD

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

343.5 thousand US dollars in form of production buildings, premises, communications, specialists, the share is  4.1%

Contribution and Share of Attracted Investor

8 000 thousand US dollars, share in JV is 95.9 % (if the investor desires, the facility may be placed for sales)

Required Volume of Investments

8 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand US dollars

Loan Funds

Local Funds, million soums

Foreign Funds, thousand US dollars

450

8 000

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand US dollars

Purchase of Equipment

 

5 000

Including
        - of local production

 

 

        - of imported production

 

5 000

Conduct of Construction and Installation Works

651.5

 

Purchase of Raw Materials

 

2 000

Formation of Working Assets

651.5

 

 

Payback of Project (in months) 

60 months

TEXTILE INDUSTRY

7. Auction sale of the property complex of Limited Liability Company “Hazarasp Textile” (production of cotton yarn)

Terms and Conditions for Sale of Property Complex:

  •   Minimum amount of purchasing payment: 7.5 million US dollars;
  •   Purchase Period: not more than 15 years;
  •   Utilization of Production Capacities during one year starting from the moment of purchase: not less than for 85%;
  •   Export of own products: not less than for 80%

1. Name of Enterprise:

LLC  "Khazorasp-Textil"

2. Legal Address:

Khorazm province, Khazarasp district, Mustakillik Street

3. Date of putting the enterprise into operation:

March of 2006

4. Average Listed Quantity:

120 persons

6. Volume of Production:


No.

Name of Produced Product

Designed Capacity

1

Rotor yarn No.20

2 500 tons per year

2

Card circular yarn No.20

420 tons per year

3

Twist yarn No.20/3

462.4 tons per year

4

Twist yarn No.20/5

27.6 tons per year

5

Twist yarn No.20/7

90 tons per year

   

Total

3 500 tons per year

7. Age and Depreciation Level of Available and Functioning Machines and Equipment:


No.

Type of Equipment
(Grade/Model)

Producer Country

Year of Production

Depreciation of Equipment, in %

1

Scutching shop

Germany

2002

15%

2

Carding shop

Germany

2002

15%

3

Dedusting

Germany

2002

15%

4

Roving department

Germany

2002

15%

5

Spinning production

Germany

2002

15%

6

Packing line

Germany

2002

15%

7

Laboratory

Germany

2002

15%

8

Worshop of hackling machines

Germany

2002

15%

9

Laboratory for testing textile clothes

Germany

2002

15%

10

Compressor unit

Germany

2002

15%

8. Existing Infrastructure of Enterprise:


No.

Name of Resource

Unit of Measurement.

Annual Demand

1

Household cold water

thousand m3

104.045

2

Natural gas

thousand m3

878.1

3

Electric energy

thousand kilowatt-hour

12 948

4

Sewage

thousand. m3

46.71

9. Distance:                   to railway is  5 km,
                                         to automobile road is 1 km
10. List of Assets proposed for Sale:
I. Immovable Property.
Existing buildings and facilities:
1 - Administrative building (2-storey) – 690.0 square meters
2 – Production shop building –  16 736.0 square meters
3 – Cooling compressor station – 835.8 square meters
4 – Autonomous pump station – 82.8 square meters
5 – Sewage pump station – 34.2 square meters
6 – Dimensions of boiler-room building: 274.4 square meters
7 – Canteen building – 412.3 square meters
Total area of land plot is 45 835.0 square meters.
II. Technological Equipment.


No.

Type of Equipment (Grade/Model)

Quantity

1. Scutching shop

1.1

Blendomat BDT 019/2300

1

1.2

Accessories

set

2. Dedusting

2.1

Dedusting equipment for scutching separation and stripping machines

Set

3. Roving department

3.1

High productive drawing frame machines NS 1000

6

4. Spinning production

4.1

Spindless spinning machines of 240 spinning heads

3

4.2

Spinning machines P-76-5Ì6

23

4.3

Reeling machines Ì-2-50

2

4.4

Reeling machines Ì-150

2

4.5

Roving machines R-192-6Ì

4

5

Packing line

Set

6

Laboratory

Set

7

Workshop of hackling machines

Set

8

Laboratory for testing textile clothes

Set

9

Compressor unit

Set

TEXTILE INDUSTRY

8. Establishment of a joint venture for production of 2 thousand tons of cotton yarn per year on the basis of the unfinished textile complex under Open Joint Stock Company “Yangibozor pakhta tozalash”

I. Information on Investment Project Initiator

Full Name

Open Joint Stock Company “Yangibozor pakhta tozalash”

Legal Address 

Khorazm province, Yangibazar district, 1 Beruniy Street

Contact Person:

Ê. Yusupov

e-mail:

xorazm@yahoo.com

telephone

8-362-41-94-345

fax

8-362-41-94-345

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

In million soums

1

Open Joint Stock Company “Yangibozor pakhta tozalash”

100%

34.6

 

Servicing Bank

Joint Stock Commercial Bank “Pakhta bank”

Brief Information about Enterprise

The enterprise was established in 1993. There is unfinished construction.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of Buildings and Premises: 3456 square metersDimensions (length, height, width) of buildings (m): 36x96x6 Current condition of buildings and premises: 30% of total volume of construction

Distance to Automobile Road:

300 m

Distance to Railway:

30 km

Electric Power Supply:

three-phase electric power supply is available

Water Supply:

available using pipes with diameter of 150 mm

Sewage:

not available

Gas Supply:

available using pipes with diameter of 89 mm

Heating Supply:

not available

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for production of 2 thousand tons of cotton yarn per year

• Brief Description of Technological Process Cycle and Required Equipment

Technological process line for production of cotton yarn (50 Nm) by Chinese company “China Texmatech Co. Ltd.”

• Market Demand in Planned Production of Products (Services)

Export of all produced products

• Provisioning of Planned Production with Raw Materials

Cotton fiber purchased in domestic market

Investment Demands

Project Costs

6.1 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

343.5 thousand US dollars in form of unfinished construction, specialists and workers, share in JV is 5.7%

Contribution and Share of Attracted Investor

5 800 thousand US dollars, the share in the JV is 94.3% (if the investor desires, the facility may be placed for sales)

Required Volume of Investments

5.8 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand US dollars

Loan Funds

Local Funds, million soums

Foreign Funds, thousand US dollars

450

5 800

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand US dollars

Purchase of Equipment

 

3 000

Including - of local production

 

 

        - of imported production

 

3 000

Conduct of Construction and Installation Works

1954.5

 

Purchase of Raw Materials

 

1 000

Formation of Working Assets

390.3

 

 

Payback of Project (in months)

60 months

TEXTILE INDUSTRY

9. Auction sale of the property complex of Joint Venture “Shovottex” (production of cotton yarn)

  • Legal Address  -    Khorazm province, Shovat district
  • Type of Activity     -        productin of cotton yarn
  • Area of Land Plot       -    8.4 hectares
  • Area of Buildings and Facilities     -    8.4 hectares
  • Provisioning with      -     production infrastructure for 100 %, labor resources for 100 %
  • Terms and Conditions of Sale    -       Complex
  • Estimated Value is  593.2 thousand US dollars

CARPET WEAVING

10. Auction sale of the property complex of Joint Venture “Khiva Carpet”

  • Legal Address  -    Khorazm province, Khiva city
  • Type of Activity     -        production of carpet products
  • Production Capacity  -     2 100 thousand square meters per year
  • Area of Land Plot       -    7.7 hectares
  • Area of Buildings and Facilities     -    1.8 hectares
  • Provisioning with      -     production infrastructure for 100 %, labor resources for 100 %
  • Equipment         -  made in Belgium, Germany, France (make of 2001 – 2002) SUCKER MULLER HACOBA grade
  • Terms and Conditions of Sale    -       Complex
  • Estimated Value is  42 538 thousand US dollars

CARPET WEAVING

11. Auction sale of the property complex of Joint Stock Company “Khiva gilami”

  • Legal Address  -    Khorazm province, Khiva city
  • Type of Activity     -        production of carpet products
  • Area of Land Plot       -    19.9 hectares
  • Area of Buildings and Facilities     -    3.8 hectares
  • Provisioning with      -     production infrastructure for 100 %, labor resources for 100 %
  • Terms and Conditions of Sale    -       Complex
  • Estimated Value is  22 692 thousand US dollars

LEATHER-FOOTWEAR (TANNING) INDUSTRY

12. Auction sale of the property complex of Joint Venture “Semurg San Te” (leather processing)

 

Name of Enterprise:

Joint Venture “Semurg San Te”

Place of Location:

Khorazm province, Shavat district

Type of Activity:

Processing of cattle skins

Occupied Area:

3 hectares

Terms and Conditions of Sale (partially, Complex):

Complex

Starting Price of Property

971.8 thousand US dollars

 

Organization of Production at "Semurg San Te" Enterprise

In 1999, Joint Venture “Semurg” was extended with a currency loan for purchase of equipment for organization of production for processing skins of livestock (100 thousand pieces per year) and small livestock (70 thousand pieces per year). Supplier of equipment is "San-Òå Sanayi Tesisleri Ltd. Sti" (Turkey)company. Equipment was put into operation in May of 1999, production and sale of finished products was launched.

Leather processing equipment includes

    


No.

Name of Equipment

Quantity

1.

Paddle

4

2.

Drum

4

3.

Pelt fleshing machine

2

4.

Tanning drum

1

5.

Wool removing machine

1

6.

Pelt fleshing and wringing machine

1

7.

Dryer

1

8.

Centrifugal machine

1

9.

Drying and pulling machine

1

10.

Dyeing machine

1

11.

Rubbing machine

2

12.

Polishing machine

1

13.

Hydro-press

1

14.

Area metering machine

1

15.

Smooth polishing machine

1

16.

Compressor

1

17.

Pulling vacuum cleaner

1

18.

Livestock skin cross-cutting machine

1

19.

Livestock skin pelt fleshing machine

1

20.

Livestock skin paddle

1

Immovable property (buildings and facilities) belonging to enterprise "Semurg San Te"

The area of pledged plot is 3 hectares; the building is of typical design and made of reinforced concrete. The building design has a socket-type foundation, the carcass is made of reinforced concrete, half-frame, the walls are made of reinforced concrete cladding slabs, the roof is covered with corrugated roofing slates with mineral insulator.
Heating supply is provided from own boiler-house. Boiler-house equipment includes 4 “Universal 6A” boilers which are operated using natural gas. Water supply is provided from a water tower and 2 reservoirs 300 cubic meters each situated on the territory of the factory. Natural gas and water are delivered from main pipelines passing next to boundaries of the factory land plot. Electric energy is supplied from TN N-40; electric energy is supplied from the territory of collective farm “Shavat”.

LEATHER-FOOTWEAR (TANNING) INDUSTRY

13. Auction sale of the property complex of Joint Venture “Darital” (footwear production)

  • Legal Address  -    Khorazm province, Urgench city
  • Type of Activity     -        production of male and female footwear using glue  fixing method
  • Production Capacity  -     810 thousand pairs of footwear per year
  • Area of Land Plot       -    31 thousand square meters
  • Area of Buildings and Facilities     -    23.7 thousand square meters
  • Provisioning with      -     production infrastructure for 100 %, labor resources for 100 %
  • Equipment         -  made in Italy and Germany (1998)
  • Distance      – to automobile road is 100 m - to railway is 7 km
  • Terms and Conditions of Sale    -       Complex
  • Estimated Value is  668.4 thousand US dollars

Electrical Industry

14. Establishment of a joint venture for assembly of 250 pieces of stationary telephone sets per year on the basis of Limited Liability Company “Aloka Vista”

I. Information on Investment Project Initiator

Full Name

LLC “Aloka Vista”

Legal Address 

Khorazm province, Urgench city, 2, Jayhun Street

Contact Person:

B. Allaberganov

e-mail:

xorazm@yahoo.com

telephone

8-362-226-74-62

fax

8-362-41-94-345

Enterprise Founders:

No.

Name of Organization,
Founding Enterprise

Share in Chartered Capital, in %

in million soums

1

Khokimiyat of Urgench city, Khorazm province

100%

1 200

Brief Information about Enterprise

The enterprise was established on May 7, 1996. The enterprise produces stationary telephone sets. Production premises, buildings and engineering communications are available.

Infrastructure and its Condition:

Area of Buildings and Premises:

Total area of the facility: 5.3 hectares;
Total area of Buildings and Premises: 7.3 thousand square meters.Administrative building: 4-storey 49.3õ16.15õ12; Production premise: 73.75õ54õ9; Garage: 30õ12õ8; Boiler-house: 25.8õ13.35õ4.3; Hotel building: 24.8õ12.55õ4.5;Shed: 60.4õ18.4õ9;     

Distance to Automobile Road:

15 m

Distance to Railway:

1.3 km

Electric Power Supply:

Production capacity of transformers is 650 kilowatt 10/6

Water Supply:

available using pipes with diameter of 40 mm

Sewage:

available using pipes with diameter of 110 mm

Gas Supply:

available using pipes with diameter of 74 mm

Heating Supply:

There is available own boiler-house

 

Book value of enterprise as of January 1 of current year (million soums)

600

Fixed Assets Value (Depreciated Book Value and Real Market Value, million soums)

1 700

II. Description of Investment Project    

• Purpose of Investment Project

Establishment of a joint venture for assembly of 250 thousand pieces of stationary telephone sets ("DAEWOO AMANTE DU

• Brief Description of Technological Process Cycle and Required Equipment

Equipment for assembly of stationary telephone sets

• Market Demand in Planned Production of Products (Services)

50% of produced products is planned to be sold for export

• Provisioning of Planned Production with Raw Materials

Import of component parts and raw materials

Investment Demands

Project Costs

5.1 million US dollars

Form of Financing

Direct foreign investments in form of equipment and monetary funds

Contribution and Share of Initiating Enterprise

1 297.7 thousand US dollars in form of production buildings, engineering communications, specialists, share in JV is 5.6%

Contribution and Share of Attracted Investor

3 800 thousand US dollars, the share in the JV is 74.4% (if the investor desires, the facility may be placed for sales)

Required Volume of Investments

3.8 million US dollars

Proposed Sources of Financing

Own Funds, million soums

Direct Foreign Investments, thousand US dollars

Loan Funds

Local Funds, million soums

Foreign Funds, thousand US dollars

1 700

3 800

-

-

Areas of Application of Investments

 

Expenses in National Currency, million soums

Expenses in Freely Convertible Currency, thousand US dollars

Purchase of Equipment

 

2 200

Including
        - of local production

 

 

        - of imported production

 

2 200

Conduct of Construction and Installation Works

260.6

 

Purchase of Raw Materials

 

1 000

Formation of Working Assets

521.2

 

Processing of Fruit and Vegetable Products

15. Auction sale of the property complex of Joint Venture “Meva” (production of purees and juices)

  • Legal Address  -    Khorazm province, Khanka district
  • Type of Activity     -        production of purees and juices
  • Area of Land Plot       -    4.6 thousand square meters
  • Area of Buildings and Facilities     -    1.5 thousand square meters
  • Provisioning with      -     production infrastructure for 100 %, labor resources for 100 %
  • Condition                  -     on the balance of National Bank for FEA of RU
  • Terms and Conditions of Sale    -       Complex
  • Estimated Value is  1 028.1 thousand US dollars

Food Industry

16. Organization of production of 960 tons of caramel with filling on the basis of Limited Liability Company “Temir yulchi”
1. Information on Initiating Enterprise:

Name:

LLC “Temir yulchi”

Place of Location:

Khorazm province, Urgench city

Type of Activity:

Production of bakery products

Date of Establishment:

May, 2002

Quantity of Employees:

16

2. Chartered Fund and Enterprise Founders:

Chartered Fund:

27.2 thousand US dollars

Enterprise Founders:

H.Atabaev (99.1%),
Sh. Atabaev (0.8%)

Management:

H. Atabaev (Director)

3. Production Volume (2005):        thousand US dollars


Products

Production Volume

Bakery products

74.3

Sales market:

domestic market

4. Financial Information:              thousand US dollars

Name of Indicator

2006
(10
months)

Profit After Payment of Taxes

7.3

5. Purpose of Proposed Project:
Organization of production of 960 tons of caramel with filling
6. Project Technical and Economic Performance Characteristics: 

Project Value:

335 thousand US dollars

Required Volume of Investments:

272 thousand US dollars

Estimated Project Payback Period:

2.3 years

7. Provisioning of Planned Production with Raw Material Resources: 

Required Raw Materials:

sugar, syrup, puree, coloring agents

Sources of Raw Materials:

Purchase in domestic market, import of coloring agents from Russia

8. Sales Markets for Finished Products:

domestic market

100 %

9. Existing Infrastructure and Availability of Business-Plan:

Existing Infrastructure:

Water and gas supply, electric energy, heating, sewage

Distance to Railway:

400 m

Distance to Automobile Road:

300 m

Availability of Business-Plan:

not available

Glass-Works Industry

17. Organization of production of 30.6 million of conventional jars of glass products on the basis of Limited Liability Company “Dustlik biluri”
  
1. Information on Initiating Enterprise:

Name:

LLC “Dustlik biluri”

Place of Location:

Khorazm province, Shavat district

Type of Activity:

Production of glass bottles with volume of 0.5 and 1 liters

Date of Establishment:

27.03.2004

Quantity of Employees:

170

2. Chartered Fund and Enterprise Founders:

Chartered Fund:

30.8 thousand US dollars

Enterprise Founders:

K.Kurbonboev (53.2%),
O.Kurbanov (46.8%)

Management:

H.Kuranboev (Director)

3. Production Volume (2005):     thousand US dollars

Products

Production Volume

Glass bottles

8.7

Sales market:

domestic market

4. Financial Information:                      thousand US dollars

Name of Indicator

2004

2005

Profit After Payment of Taxes

3.04

1.92

5. Purpose of Proposed Project:
Organization of production of 30.6 million of conventional jars of glass dishware
6. Project Technical and Economic Performance Characteristics: 

Project Value:

850 thousand US dollars

Required Volume of Investments:

575 thousand US dollars

Estimated Project Payback Period:

4 years

7. Provisioning of Planned Production with Raw Material Resources: 

Required Raw Materials:

silica sand, natrium sulfate, soda ash, dolomite, glass cullet

Sources of Raw Materials:

Purchase in domestic market, in Kazakhstan and Turkmenistan

8. Sales Markets for Finished Products:

domestic market

100 %

9. Existing Infrastructure and Availability of Business-Plan:

Required infrastructure:

available

Distance to Railway:

8 km

Distance to Automobile Road:

7 km

Availability of Business-Plan:

not available

Telephone numbers in Khorazm province are seven digit. In order to dial a telephone number to call to Khorazm province from other province of the Republic of Uzbekistan, it is necessary to dial 8 – long tone – 362 (telephone number). In order to make international phone call to Khorazm province, it is necessary to dial +998 62 (telephone number).

Operators codes for subscribers of cellular communication are different and should be dialed using following international formats:

  1. +99862 (subscriber’s number) for subsribers of “MTS Uzbekistan” cellular communication operator;
  2. +99890 (subscriber’s number) for subsribers of “Beeline” cellular communication operator;
  3. +99893 (subscriber’s number) for subsribers of “Coscom” (U-Cell) cellular communication operator.

Telephone Directory:

Name of Organization
Telephone Number
Public Authorities
Khorazm province Khokimiyat 226-12-55, 224-40-87
Main Division of Economy of Khorazm province 224-61-13, 224-61-17
Statistics Division 224-61-56, 226-06-62,
Finance Division 226-63-78, 226-55-81,
Demonopolization Committee 226-54-12, 226-30-93
Tax Division 227-12-18, 227-13-67
Labor Division 224-60-63, 224-60-83
Division for Foreign Economic Relations, Investment and Trade 224-03-88, 226-40-59
State Property Committee 226-16-55, 226-31-55
Chamber of Consumer Producers and Entrepreneurs 770-51-01, 770-56-06
Immovable Property Exchange 226-32-63
Banks
Central Bank 226-53-66, 226-50-59
National Bank for foreign economic activity (NBU) 226-26-44, 224-32-17
Pakhta Bank  226-45-56, 770-57-02
Narodniy Bank 226-57-14, 770-41-31
Ipoteka Bank 226-13-66, 226-65-20
Promstroybank 226-10-16, 226-14-76
Microcredit Bank 226-17-09, 226-88-90
Asaka Bank 226-96-03, 224-13-93
Turan Bank 225-36-65, 225-26-16
Galla Bank 227-27-90, 227-20-33
Hamkorbank 229-30-27, 35-21-248
Inquiry Services Telephones
Inquiry Office of Railroad Station 220-41-97
Inquiry Office of Airport 226-24-25
Long-Distance and International Telephone Calls 07
Inquiry Office of Automatic Telephone Station 226-22-22, 09
Inquiries on air plane tickets and reservations 226-88-60, 226-57-87

 

























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