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Investment Guide for Tashkent Region

 

 

 

 

Tashkent Province is located in the northeast of the Republic of Uzbekistan. It borders with the Republic of Kazakhstan in the north, Kyrgyzstan and Namangan Province in the northeast, Tajikistan – in the south, and Syrdarya Province in the west. Area of the province is equal to 15.3 thousand sq. km.

Tashkent Province was established on January 15, 1938. There are 15 rayons (districts) included in this province: Akkurgan, Akhangaran, Bekabad, Bostanlik, Buka, Zangiata, Kibray, Kuychirchik, Parkent, Pskent, Tashkent, Urtachirchik, Chinaz, Yukarichirchik and Yangiyul. City of Tashkent is an administrative center of the province..

 

 

Three large water reservoirs are located in the province: Charvak – 2,010 million cub. m, Tashkent – 250 million cub. m., Akhangaran - 250 million cub. m. Major rivers – Syrdarya (its length in Tashkent Province is equal to 125 km) and its tributaries: Chirchik (together with Pskem) and Angren.

Chatkal, Kurama, Pskem and Ugam mountain ridges occupy the northeastern and eastern part of the province. Most part of its territory consists of submountain plain gradually descending to the south and southwest. Mountain “steppes” can be met in mountains at the height of 1,200-1,400 meters followed by archa forests, and subalpine and alpine ranges at the height of 2,000 meters. 

Climate of Tashkent Province is sharp continental with such features as aridity, abundance of warmth and light. January is the coldest month. June is the hottest month, July-August are hottest ones in mountains. Vegetation period on the plains is equal to 210 days per year.

 

 

 

 

Gross regional product (GRP) volume of Tashkent Province in 2007 grew by 8% comparing with 2006. Share of industrial production in total GRP volume amounted to 35.5%, agriculture – 26.4 %, construction – 3.7%, trade and public catering – 7.2%, transport and communications – 11.2 %, other branches of material production – 9.3 %, and taxes – 6.7 %.

Per capital GRP in Tashkent Province grew by 6.8% in 2007 comparing with 2006.

Per capital cash income in 2007 grew by 25% comparing with 2006, and expenditures and savings – by 28.5%, of which consumption – by 30.5%.

Industrial production volume in the province grew by 15.1% in 2007 comparing with 2006.

Size of population as of January 1, 2008 amounted to 2,521.5 thousand people (excluding City of Tashkent). Population density is equal to 165.2 people per 1 sq. km. By population size province occupies the third place in the country.

 

Towns of Almalyk, Angren, Akhangaran, Bekabad, Chirchik and Yangiyul are the largest ones.

National composition of population varies: Uzbeks, Russians, Kazakhs, Tajiks, Kyrgyz, Uyghurs, Tatars, Koreans, Ukrainians, and other representatives of more than 80 nations and nationalities live there.

1,068.5 people out of total population are employed in national economy, including 297.1 thousand people in agriculture and forestry, 211.4 thousand - in industry, 73 thousand - in construction works, 46.5 thousand - in transport and communications, 117.3 thousand - in public education and culture, and 71 thousand - in healthcare and social protection, trade, public catering and logistical support.

 

 

 

 

 

 

Agriculture is one of major sectors of the province’s economy.

Agricultural products such as grains, raw cotton, vegetables, fruits and berries, grape; as well as cattle farming products such as livestock and small cattle, goats, pigs, poultry and fish are major agricultural production resources.

Seven rayons of the province (Akhangaran, Bostanlik, Zangiata, Kibray, Parkent, Yangiyul and Tashkent) are specialized in fruit and vegetable production, and remaining rayons are engaged in cotton and grain farming. Cotton and grain crops occupy three quarters of fertile lands.

This province is one of ancient centers of viticulture and wine-making in the country. The province’s agriculture sector is primarily aimed at cultivating of fresh fruits and grape, their supply to urban and industrial centers, grape processing at wine facilities as well as export of fresh fruits and grapes abroad.

More than 20 thousand private farms occupying 429.2 thousand ha of lands function in the province, where 124.5 thousand people are employed. Private farms are engaged in production of crops – raw cotton, grains, fruits, grape, melons and gourds, and cocoons. In addition, there are 635 thousand dekhkan farms in the province.

 In 2007 the province’s cropping area occupied 344.5 thousand ha. All types of farms produced 275 thousand tons of raw cotton, 458.7 thousand tons of grains, 104.9 thousand tons of fruits, 84.3 thousand tons of grape, 937.7 thousand tons of vegetables, 192.9 thousand tons of potatoes, 70.3 thousand tons melons and gourds, 138.8 thousand tons of meat, 464.4 thousand tons of milk, 609.1 million eggs, 1,168 tons of wool and 1,311 tons of cocoons.

Ginning and cotton processing branches, textile and apparel industry, food industry including meat and dairy, fat-and-oil, flour-and-cereals, wine-making, canning, confectionery and other industries have been developed in the province based on above-mentioned resources. 

Province has vast deposits of mineral and raw material resources. There are deposits of charcoal, kaolin, reserves of iron, copper, lead and zinc, bismuth, lithium, asbestos, glass raw materials, raw materials for cement production, facing stones and many others on its territory.

There are 88 deposits of natural and raw material resources in the province, of which 43 deposits are developed, 43 deposits are not developed and development of two deposits is considered to be unfeasible.

Reserves of valuable types of natural resources include:

- iron in western ridges of the Chatkal mountain range in amount of 120 million tons of ore;
- copper at the Kalmakkyr deposits, reserve of which constitute 18.1 million tons;
- molybdenum – 220.4 thousand tons;
- lead and zinc at Lashkerek and Kurgashinkan deposits, reserves of lead amount  to 240.7 thousand tons and zinc – 239.2 thousand tons;
- bismuth – 701.7 tons;
- lithium at Shavazsay deposit – 12.1 million tons;
- uranium – 18.2 thousand tons;
- silver at Kuchbulak and Kizilalmasay deposits – 13.5 thousand tons;
- coal at Angren, Shargun and Basuntau deposits – 1,965.3 million tons;
- kaolin at Angren deposit – 1,338.2 million tons;
- asbestos at Sarycheki deposit with forecasted resources of 5,819 tons.
Industrial branches such as fuel energy, mechanical engineering, mining, chemical industry, construction materials production industry and others have been developed in the province’s cities and rayons based on said resources.

 

 

 

 

 

Tashkent Province is a large industrial region of the country. Its industrial potential occupies one of leading positions in our country. The province produces 20% of total industrial products manufactured in Uzbekistan, 45% of electric power, 98% of coal, 43% of cement, 100 of metal-roll, major part of non-ferrous metals. 280 industrial enterprises function in the province.

Leading branches of the province’s industry are the following: chemical industry (19.8% of total volume of industrial production), light industry (11.3%), construction materials production (11.2%), food (8.2%), mechanical engineering and metal working (4.7%), and fuel industry (1.8%).

Power supply to the province is ensured by the Tashkent TPP, total capacity of which covers the province’s need. Part of generated power is supplied to the Central Asian power grid. 

Metallurgy Industry

Almalyk Mining Complex, Joint Stock Production Association “Uzmetkombinat”, Uzbek Complex of Refractory and High-Temperature Metals, which produce major part of non-ferrous metals, metal-roll and generate major part of electric power are among leaders of the country’s industry.

Almalyk Mining Complex (AGMK) is one of the largest metallurgic enterprises in Central Asia. A metallurgical complex, which is the only manufacturer of steel, steel roll and other items made of ferrous metals in the country, function in Bekabad town. In addition, a complex for production of refractory and high-temperature metals functions in Chirchik town.

Chemical Industry

Production Associations “Elektrokhimprom” (Chirchik Town), “Ammophos” (Almalyk Town) and “Uzbekrezinotekhnika” (Angren Town) are amongst the largest enterprises of chemical industry of the country, where nitrogen and phosphate fertilizers and other chemical products are produced.

Mechanical Engineering

Machinery building enterprises “Uzbekkhimmash” and “Chirchikselmash” are among leaders of the province’s industrial production. Equipment and accessories for enterprises of gas-and-petrochemical industry, cotton seeding machines, cultivators, collectors and spare parts for agriculture are manufactured at these enterprises.

Construction Materials Production Industry

Construction materials production industry is also developing in this province. Enterprises such as “Akhangarancement”, “Akhangaranshifer”, “Akhangaranlinplanst”, “Bekabadcement” and “G’azalkentoyna” produce cement, roofing slate, ceramics, glass, bricks, linoleum, reinforced concrete items and structures.

 

 

 

 

 

Railway transport center linking Uzbekistan with Central Asian countries and Eastern European states passes through the province’s territory. Total length of railroads is equal to 363.4 km.

Total length of the province’s highways is equal to 3,833 km (taking into account international highways), including provincial and local ones – 1,306 km. Main highways include the Great Uzbekistan Highway and a road connecting Tashkent with Fergana valley; a transnational highway along the Great Silk Road under Tashkent - Andijan - Osh - Kashgar route through the Kamchik pass /Kurama mountain ridge/ to Osh City of the Kyrgyz Republic and to Xinjiang-Uyghur Autonomous Province of China is under construction.

126.8 million tons of cargo were carried by motor transport in 2007, freight traffic by motor transport amounted to 3,895.1 million tons/km. Passenger turnover by all types of transportation amounted to 10,599 million passenger/km.

A project for construction of the sole international transport logistics center in Central Asia with total area of 100 ha is under development, which will create additional infrastructure for foreign and domestic investments, serve to development of small and private entrepreneurship in the province, solution of strategic objectives of integration to the world transport system and improving the transport infrastructure of the Great Silk Road.

Telecommunications, mail service, telephone communications (including cellular one), special communications, state courier service operate in Tashkent Province.

4 cellular communications operators function in the province: “MTS-Uzbekistan”, “Coscom” (U-cell), “Beeline” and “Uzmobile”.

3 higher education institutions, 87 colleges. 4 academic lyceums, 893 general secondary schools function in the province’s education sphere, as well as 115 libraries and 247 clubs.

Great attention is paid to healthcare and sports development: 4,252 sports facilities, 51 stadium, 52 tennis courts, 11 swimming pools function in the province. 97 hospitals, 470 outpatient clinics, including 108 private ones operate in the healthcare sphere.

6 boarding houses, 1 tourist base and 15 recreation zones also function in the province.

 

 

 

 

 

 

 

 

 

 

 

Major part of the province is situated in submountain areas of the Tien-Shan mountain range. Nature of Tashkent Province attracts one’s attention by its beauty and picturesqueness.

The “Chimgan” tourist complex is widely known. It is located in 90 km from Tashkent City, at the foothills of Chatkal. Most people call this unique place “Uzbek Switzerland”. Presence of nature reserves and virgin nature with rich flora and fauna contribute to phytofitness therapy and organization of commercial safari tours.

Facilities of the Sports and Recreation Complex, Recreation Center “Charvak Oromgohi” and Chatkal State Biosphere Preserve allow ensuring high level of services rendered.

Foreign trade turnover of the province amounted to 2,198.6 million, including export in amount of USD 1,533.1 million and import of USD 867.6 million. Comparing with 2006, foreign trade turnover grew by 35%, including export – by 42.9% and import – by 19.9%.

oreign trade was conducted with 82 countries, including 71 foreign countries and 11 CIS countries. Largest share in foreign trade turnover falls to Russia – 35.5%, Turkey – 20.7%, Kazakhstan – 13.9%, Iran – 4.4%, Ukraine – 4.9%, Afghanistan – 4.2%, Germany – 4.2%.

The following items are exported from Tashkent Province: nonferrous and ferrous metals (64.5%), foodstuffs (11.4%), cotton fiber (6.1% of total exports volume), chemical products (4.97%), industrial equipment and machinery (0.9%), energy resources (0.7%), light industry products, services (0.4%).

Comparing with 2006, volume of electric power exports in the export structure increased in 115 times, foodstuffs – by 72%, services – in 3.2 times, ferrous and nonferrous metals – by 27%, chemical products – by 71.4%, machinery and equipment  - by 31.5% and raw cotton – by 16.3%.

In the import structure, the biggest share belongs to machinery and equipment (26.5%), chemical products (10.9%), ferrous and nonferrous metals (14.9%), foodstuffs (9.6%), energy resources (0.54%). Comparing with the previous year, imports of services in the import structure increased in 2.5 times, ferrous and nonferrous metals – by 43.7%, chemical products - by 49.4%, foodstuffs – by 21.7%, machinery and equipment – by 5.1%, and energy resources – by 10.3%.

 

The most profitable spheres for investments include light and food industries, ferrous and nonferrous metallurgy, chemical industry, construction materials production industry, and fuel and energy complex.

 

 

 

 

 

 

 

Total number of registered enterprises with foreign investments (EFIs) amounted to 290, including 266 currently functioning enterprises. 62 new EFIs were created in 2007. Companies and firms of the Republic of Korea, Great Britain, Turkey, Germany, USA, Russia and Italy comprise major foreign founders of EFIs. Share of foreign investors in the authorized funds amounted to nearly USD 270 million. Approximately 16 thousands people are employed with enterprises with foreign investments.

Volume of production by existing EFIs increased by 2.4 times against 2006. Majority of EFIs are oriented to use of local raw materials. A number of enterprises export their products: construction materials, knitted garments, cotton yarn, terry-loop towels, power transformers, calcium phosphate, and corrugated packages.

Foreign trade turnover of EFIs amounted to USD 287.95 million. Exports by EFIs amounted USD 179.5 million, share of exports by EFIs in total export of the province amounted to 11.7%. Imports by EFIs amounted to USD 108.5 million or 16.3% in total volume of import.

Major enterprises with foreign investments operating in Tashkent province include the following:

  • Uzbek-Turkish JV “KORAY TEKSTIL” (lisle cotton yarn production);
  • Uzbek-American JV “BOSTANLIK SUT” (dairy products);
  • Uzbek-Swiss JV “MUZ-IMPEX” (services);
  • Uzbek-Russian JV “Far-Vab” (wines and alcoholic beverages);
  • Uzbek-German JV “Lohmann Ischonch – Nadejda” (chicken growing);
  • Foreign Singapore Enterprise “Singapore Samarkand” (ice-cream);
  • Foreign German Enterprise “Techno Invest ST” (glass products, metalware, double-glazed windows);
  • Uzbek-American JV “Inter Roxat” (beer production);
  • Foreign Turkish Enterprise “ARGE FASHION” (knitted goods);
  • Uzbek-Korean JV “BOW CO LTD” (mesh bags);
  • Foreign Indian-Netherlands Enterprise “SPENTEX TASHKENT TOYTEPA” (cotton yarn, unbleached fabrics);
  • Uzbek-Swiss JV “TSI KORASU PAXTA” (cotton fiber production);
  • Uzbek-Israel JV “VALKO LTD” (ice-cream);
  • Uzbek-Swiss JV “Agrar Texnologiyalari” (flowers);
  • Uzbek-Kazakh JV “Haitek Kabel” (cables production);
  • Uzbek-Turkish-Japanese JV “Chinoz Tukimachi Ltd.” (knitted fabric, knitting yarn);
  • Uzbek-Turkish JV “YADEM TEKSTIL” (T-shirts, knitting yarn);
  • American Subsidiary Enterprise “Polar Investments Corp” (glass containers for wines and other alcoholic beverages);
  • Uzbek-British JV “Know How and Production Process” (fine-dispersed copper sulfate);
  • Uzbek-Swiss JV “SANOATQALINQOG'OZSAVDO” (pasteboard, paper, napkins);
  • Uzbek-Russian-Swiss JV “Chirchik Tranformator Zavodi” (transformer);
  • Uzbek-Turkish JV “BURSEL TOSHKENT TEKSTIL” (textile production);
  • Uzbek-Spanish JV “Maxam Chirchik” (chemical fertilizers);
  • Uzbek- Liechtenstein JV “Yangiyul Yog Moy” (vegetable oil);
  • Uzbek-Pakistan JV “FARAZ Ltd.” (bath towels);
  • Uzbek-Chinese JV “Tarim – Import Export” (polymer films).

 

 

 

 

 

 

 

 

 

# Project name and goal Project amount/value of property, share stock (thousand USD)
Food Industry
1 Auction sale of the HC OJSC “Bolalar Taomlari Kholding” Property Complex (production of baby food) 12,187
2 Auction sale of the OJSC “Yangiyul Don Mahsulotlari” (flour-milling production) 2,131.8
Fruit and Vegetable Processing
3 Installation of a line for tomato paste packing into aseptic lined bags with volume of 200 kg based on the JSC named after U.Yusupov 755
4 Organization of production of tomato paste and concentrated juices based on the PF “Gafurov Tulkin” 300
Apparel Industry
5 Organization of apparel production based on the PF “Isokov Djamshid” 600
Shoe Industry
6 Auction sale of the JV “KIBO Bolalar Poyafzali, Ltd.” Property Complex (production of children’s shoes) 2,153.8
7 Auction sale of the OJSC “Yangi vega” Property Complex 830.7
Construction Materials Production
8 Auction sale of the OJSC “Akhangaranlinplast” Property Complex (production of linoleum and plastic items) 2,940
Mechanical Engineering
9 Technical modernization of the OJSC “Chirchikselmash” with production of modern seeding and soil treatment machinery 928
10 Sale of 51.0% shares of the OJSC “Chirchikselmash” under appraisal
11 Sale of 27.1% shares of the OJSC “Uzbekkhimmash Plant” under appraisal
Chemical Industry
12 Auction sale of the OJSC “Rezinotekhnika” Property Complex (production of industrial rubber articles) 9 657
13 Auction sale of the OJSC “Metalloplastmass” Property Complex (production of polyethylene goods) 824.6
Pharmaceutical Industry
14 Auction sale of the JV “MEDIZ” Property Complex (syringe production) 11,300
15 Auction sale of the JV “Uzmedcotton” Property Complex (bleached cotton wool production) 3,871
16 Auction sale of the JV “Mikrel” Property Complex (production of vitamin concentrates) under appraisal
Metallurgy
17 Sale of 49% shares of the OJSC “Uzbek Complex of Refractory and High-Temperature Metals” (tungsten and molybdenum production) under appraisal
Energy Sector
18 Conversion of boilers of the Novoangren TPP to all-year coal burning and construction of the Power Unit #8 taking into account the technical modernization of the “Angrensiy” section 543,700
19 Sale of 48% shares of the OJSC “Angren TPP” under appraisal
20 Sale of 48.5% shares of the OJSC “Novoangren TPP” under appraisal
CDM Projects
21 Construction of Akhangaran Small Hydropower Plant 23,557
Mining Industry
22 Development of the Shavazsay lithium deposit  with annual mining volume of 3.7 thousand tons of lithium oxide 72,569
23 Auction sale of the JV “Kaolin” Property Complex (kaolin production) 4,130.8

Proposed list of investment projects for implementation attraction of foreign investors may be changed from time to time. More updated information on currently proposed projects is provided on the website of the Uzinfoinvest Agency at: www.investuzbekistan.org

FOOD INDUSTRY

1. Auction Sale of the HC OJSC Bolalar Taomlari Holding” Property Complex 

  • Legal address - Yangiyul Town, Tashkent Province
  • Type of activity - production of baby food
  • Capacity - 18 tons/hour
  • Area of land plot - 1.5 ha
  • Area of buildings and facilities - 1.2 ha
  • Provision with production infrastructure - 100%, labor resources - 100%
  • Equipment - made in USA. Depreciation level: 5%
  • Terms of sale - complex
  • Estimated value - USD 12,187 thousand

FOOD INDUSTRY

2. Auction Sale of the OJSC “Yangiyul Don Mahsulotlari” Property Complex

  • Legal address       -        Yangiyul Town, Tashkent Province
  • Type of activity flour-milling production
  • Capacity - 18 thousand tons
  • Area of land plot - 3.2 ha
  • Area of buildings and facilities         -        10,310 sq. m.
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Russia
  • Terms of sale        -        complex
  • Estimated value     -        USD 2,131.8 thousand

FRUIT AND VEGETABLE PROCESSING

3. Installation of a Line for Packing of Tomato Paste into Aseptic Lined Bags with Volume of 200 Kg Based on the JSC Named after U.Yusupov
  
1. Information on the Originator Enterprise:

Name:

Open Joint Stock Company named after U.Yusupov

Location:

Yangiyul Town, Tashkent Province

Type of activity:

production of canned vegetables, tomato paste

Date of establishment:

1930

Number of employees:

200

2. Authorized Fund and Founders of the Enterprise:

Authorized Fund:

USD 40.4 thou1sand

Founders of the enterprise:

State (49.6%), OJSC HC "Bolalar Taomlari Holding”, labor collective (25%)

Management:

Mr. Sh. Nurmatov (Director)

3. Production Volume (2006): 

Products

Production volume

canned vegetables 

1,647.5 tubes

canned fruits

1,893.8 tubes

tomato paste

325.7 tubes

Product market:

domestic market

4. Description of the Proposed Project:
Installation of a line for packing the tomato paste into aseptic lined bags with volume of 200 kg.
5. Project Performance Characteristics

Project amount:

USD 755 thousand

Required investment volume:

USD 500 thousand

Estimated payback period:

3 years

6. Provision of the Proposed Production with Raw Material Resources: 

Required raw materials:

tomatoes

Sources of raw materials:

procurement in domestic market

7. Finished Product Marketsexport - 100%
8. Existing Infrastructure and Availability of the Business Plan:

Existing infrastructure:

water and gas supply, electric power, heating and sewerage

Distance to railroad:

0.5 km

Distance to highway:

3 km

Availability of Business Plan:

not available

FRUIT AND VEGETABLE PROCESSING

4. Organization of Production of Tomato paste and Concentrated Juices based on the PF “Gafurov Tulkin”
 
1. Information on the Originator Enterprise:

Name:

Private Enterprise "Gafurov Tulkin "

Location:

Parkent rayon, Tashkent Province

Type of activity:

Agricultural processing

Number of employees:

4

2. Value of Fixed Assets:

Value of fixed assets:

USD 5 thousand

Management:

Mr. T. Gafurov (Director)

3. Description of the Proposed Project:
Establishment of an enterprises for production of tomato paste and concentrated juices
4. Project Performance Characteristics: 

Project amount:

USD 300 thousand

Required investment volume:

USD 300 thousand

5. Provision of the Proposed Production with Raw Material Resources:  

Required raw materials:

fruits and vegetables

Sources of raw materials:

procurement in domestic market

6. Finished Product Markets:

export

100 %

7. Existing Infrastructure and Availability of the Business-Plan:


Existing infrastructure:

water supply, sewerage, electric power

Area of the territory:

2.3 ha

Availability of the Business Plan:

available

APPAREL INDUSTRY

5. Organization of apparel Production based on the PE “Isokov Djamshid”
1. Information on the Originator Enterprise:

Name:

PE "Isokov Djamshid "

Location:

Parkent Rayon, Tashkent Province

Type of activity:

apparel production

Number of employees:

10

2. Value of Fixed Assets:

Value of fixed assets:

USD 41.6 thousand

Management:

Mr. M. Isokov (Director)

3. Description of the Proposed Project:
Establishment of a joint venture for apparel production
4. Project Performance Characteristics: 

Project amount:

USD 600 thousand

Required investment volume:

USD 600 thousand

5. Finished Product Markets:
domestic market, export
6. Existing Infrastructure and Availability of the Business Plan:

Existing infrastructure:

water and gas supply, electric power

Area of facilities:

1,500 sq. M.

Availability of business plan:

not available

SHOE INDUSTRY

6. Auction Sale of the JV “KIBO Bolalar Poyafzali, Ltd.” Property Complex

  • Legal address       -        Chirchik Town, Tashkent Province
  • Type of activity     -        production of children’s shoes
  • Capacity                -        330 thousand pairs annually
  • Area of land plot    -        1.5 ha
  • Area of buildings and facilities         -        0.4 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Germany
  • Terms of sale        -        complex
  • Estimated value     -        USD 2,153.8 thousand

 

 

 

 

 

 

 

 

 

SHOE INDUSTRY

7. Auction Sale of the OJSC “Yangi Vega” Property Complex

  • Legal address       -        Yangiyul Town, Tashkent Province
  • Type of activity     -        production of shoes
  • Capacity                -        production 500 thousand pairs of shoes annually by molded fastening method
  • Area of land plot    -        21 thousand sq. m.
  • Area of buildings and facilities         -        31.1 thousand sq. m.
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Distance               -        to highway – 0.3 km to railway terminal – 0.4 km
  • Equipment             -        made in 1997 in Germany and Austria
  • Condition               -        on the balance sheet of the National Bank for FEA of the Republic of Uzbekistan
  • Terms of sale        -        complex
  • Estimated value     -        USD 830.7 thousand

CONSTRUCTION MATERIALS PRODUCTION

8. Auction Sale of the OJSC “Akhangaranlinplast” Property Complex  

  • Legal address       -        Akhangaran Town, Tashkent Province
  • Type of activity     -        production of linoleum and plastic goods
  • Capacity                -        film – 54,800 sq. m.
  • Area of land plot    -        23 ha
  • Area of buildings and facilities         -        225 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Germany (depreciation - 20%) and Russia (70%)
  • Condition               -        on the balance sheet of the National Bank for FEA of the Republic of Uzbekistan
  • Terms of sale        -        complex
  • Estimated value     -        USD 2.940 thousand

MECHANICAL ENGINEERING

9. Technical Modernization of the OJSC “Chirchikselmash” with Production of Modern Seeding and Soil Treatment Machinery
1. Description of the Originator Enterprise:

Name:

OJSC “Chirchikselmash”

Location:

Chirchik City, Tashkent Province

Type of activity:

agricultural machine building

Number of employees:

700

2. Value of Fixed Assets:

Value of fixed assets:

USD 1,702.8 thousand

Management:

Mr. A.Ermetov (Director)

3. Description of the Proposed Project:
Technical modernization of the enterprise and organization of production of modern seeding and soil treatment machinery
4. Project Performance Characteristics: 

Project amount:

USD 928.0 thousand

Required investment volume:

USD 928.0 thousand

Direction of investments:

procurement of equipment

5. Finished Product Markets:
domestic market
6. Existing Infrastructure and Availability of the Business Plan:

Required infrastructure:

available

Availability of business plan:

not available

MECHANICAL ENGINEERING

10. Sale of 51.0% Shares of the OJSC “Chirchikselmash”
1. Main Information on the Company

1. Issuer’s name

OJSC “Chirchikselmash”

2. Legal address

92, A. Navoi Avenue, Chirchik Town, Tashkent Province

3. Branch

Machinery building

4. Chairman of the Board (full name)

Mr. Nuriddin Tashpulatovich Sradjev

5. Contact telephone number, fax number, e-mail address

(271) 62-15-8, 64-05-8

6. Number of employees

315 people

7. Total area (ha)

37.2 ha

2. Information of Securities Issue and Placement

1. Authorized Fund (thousand UZS)

211,465.4

2. Total number of issued shared (pcs)

1,057,327

3. Nominal value of shares (UZS)

200

3. Financial Indicators (million UZS)


Indicators

Years

2006

2007

2008

1. Authorized capital (thousand UZS)

211,465.4

211,465.4

211,465.4

2. Value of fixed assets (thousand UZS)

2,316.9

2,086.7

1,676.4

3. Payment of dividends (%)

60

 

 

4. Return on assets (%)

33

13

 

5. Gross profit (thousand UZS)

855.2

875.9

570.6

6. Net profit (thousand UZS)

62.96

0.9

18.26

7. Accounts receivable (thousand UZS)

474.9

410.1

531.4

8. Accounts payable (thousand UZS)

1,727.4

1,947.9

2,200.04

4. Brief Description of the Enterprise:

The plant produces agricultural machinery and spare parts for them, as well as steel casting for the plant’s and cooperation needs.

5. Prospective Plans for the Enterprise’s Development:

The enterprise will master production of new types of agricultural machinery: grain seeding machine, cotton seeding machine, long-wheelbase leveler.

MECHANICAL ENGINEERING

11. Sale of 27.1% Shares of the OJSC “Uzbekkhimmash Plant”

1. Main Information on the Company

1. Issuer’s name:

OJSC "Uzbekkhimmash Plant "

2. Legal address:

Chirchik Town, Tashkent Province

3. Branch:

Chemical machine building

4. Chairman of the Board (full name):

Mr. Shokir Nasibullaevich Fayzullaev

5. Contact telephone number, fax number, e-mail address:

(271) 6-58-93

6. Number of employees, including administrative staff:

1,611 persons

7. Total area:

19.3 ha

8. Production areas:

10.08 ha

9. Raw materials for production:

Metal products

2. Information of Securities Issue and Placement

1. Authorized Fund (thousand UZS)

333,219.4

 

2. Total number of issued shared (pcs)

107,838

 

3. Nominal value of shares (UZS)

3,090

 
 

 

 

 

 

 

3. Brief Description of the Enterprise:

 

The plant is specialized in design, manufacturing and maintenance of equipment, including: equipment for gas and oil industry; heat-exchange equipment, evaporators, equipment for food production lines, capacitive equipment, filters, ecological equipment, spinning machines and pumps, drilling equipment. Equipment, compressors, and pumps for total value of USD 2.84 million are exported to Russia, Georgia, Kyrgyzstan and Kazakhstan.
Depreciation of existing equipment is equal to 69% in average. Capacity load -96%. After-tax profit in 2006 amounted to UZS 1,302.1 million. Book value of the enterprise as of January 1, 2007 – UZS 13,018.12 million.

 

4. Prospective Plans for the Enterprise’s Development:

 

1. Development of new types of production.
2. Modernization of equipment.
3. Increase of volume of production of finished products.
4. Development of import substitution goods production.
5. Training of skilled personnel.

CHEMICAL INDUSTRY

12. Auction Sale of the OJSC “Rezinotekhnika” Property Complex

  • Legal address       -        Angren Town, Tashkent Province
  • Type of activity     -        production of industrial rubber articles
  • Capacity                -        18 thousand tons of industrial rubber steles annually
  • Area of land plot    -        126.9 ha
  • Area of buildings and facilities         -        31.97 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Russia, Ukraine, Czech Republic, Hungary. Depreciation level – 90%
  • Terms of sale        -        complex
  • Estimated value     -        USD 9.657.0 thousands

CHEMICAL INDUSTRY

13. Auction Sale of the OJSC “Metalloplastmass” Property Complex

  • Legal address       -        Yangiyul Town, Tashkent Province
  • Type of activity     -        production of polyethylene goods
  • Capacity                -        boxes – 350, stoppers -280 million pcs
  • Area of land plot    -        4.35 ha
  • Area of buildings and facilities         -        2.05 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Italy, Germany, Russia, Ukraine
  • Terms of sale        -        complex
  • Estimated value     -        USD 824.6 thousand

PHARMACEUTICAL INDUSTRY

14. Auction Sale of the JV “MEDIZ” Property Complex

  • Legal address       -        Kibray Rayon, Tashkent Province
  • Type of activity     -        syringe production
  • Capacity                -        250 million syringes, 10 million infusion and transfusion systems
  • Area of land plot    -        2.1 ha
  • Area of buildings and facilities         -        0.5 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Germany, depreciation level – 4%
  • Terms of sale        -        complex
  • Estimated value     -        USD 11,299.8 thousands

PHARMACEUTICAL INDUSTRY

15. Auction Sale of the JV “Uzmedcotton” Property Complex

  • Legal address       -        Angren Town, Tashkent Province
  • Type of activity     -        bleached cotton wool production
  • Capacity                -        2,000 tons annually
  • Area of land plot    -        4.5 ha
  • Area of buildings and facilities         -        1 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Germany, depreciation level – 4%
  • Terms of sale        -        complex
  • Estimated value     -        USD 3,871 thousands

PHARMACEUTICAL INDUSTRY

16. Auction Sale of the JV “Mikrel” Property Complex (Production of Vitamin Concentrates)  

  • Legal address       -        Yangiyul Rayon, Tashkent Province
  • Type of activity     -        production of vitamin concentrates
  • Capacity                -        3,723 tons annually
  • Area of land plot    -        2.2 ha
  • Area of buildings and facilities         -        1.02 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Italy, depreciation level – 23%
  • Terms of sale        -        complex
  • Estimated value     -        under appraisal

METALLURGY

17. Sale of 49% Shares of the OJSC “Uzbek Complex for Refractory and High-Temperature Metals” (Tungsten and Molybdenum Production)
1. Information on the Enterprise:


Name:

Open Joint Stock Company “Uzbek Complex for Refractory and High-Temperature Metals”

Branch:

Non-ferrous metallurgy

Location:

Chirchik Town, Tashkent Province

Number of employees:

1,864

2. Information on Production Activity:


Type of activity:

Production of two types of refractory metals – tungsten and molybdenum, as well as articles made of their alloys and general-purpose lamps.

Product market:

80% of total volume of products manufactured by the enterprise is sold through the National Commodity Exchange. Remaining 20% of products are sold by the enterprise itself, including export to the Great Britain, Switzerland, Germany, Panama, USA, and Estonia.

Raw materials:

Tungsten concentrate and tungsten trioxide produced by Russian enterprises serve as raw materials for production of tungsten products. Molybdenum industrial product made by the AGMK and molybdenum concentrates from the CIS and foreign countries are used for production of molybdenum articles. Auxiliary chemical reagents: ammonia water, nitric acid, oxygen, carbon dioxide, dry ice and liquid nitrogen.

3. Size and Structure of the Authorized Capital:

Size of the Authorized Capital:

UZS 27,329,910 thousand (USD 21,446.8 thousand)

Capital structure:

State share – 51.0%;
share for sale to investor – 49.0%

4. Information on Sale of Share Stock:


Size of assets proposed for sale:

49.0%

Grounds for sale:

Resolution of the President of the Republic of Uzbekistan #672, dated July 20, 2007

  

 

Estimated value:

Under appraisal

ENERGY

18. Conversion of Boilers of the Novo-Angren TPP to All-Year Coal Burning and Construction of the Power Unit #8 Taking into Account the Technical Modernization of the “Angrenskiy” Section

Location of construction — Nurabat Town, Tashkent Province, Republic of Uzbekistan (Novo-Angren TPP) and Angren Town – “Angrenskiy” Coal Section (OJSC “Uzbekugol”)
Generating capacities of 2,100 MW consisting of 7 power units with capacity of 300 MW each were installed at the Novo-Angren TPP
Project Goal – conversion of the units #1-5 to all-year coal burning, additional equipment of the units # 6-7 and their conversion from natural gas to coal, construction of the second line of fuel efficiency (including coal warehouse, crushers, etc.)
Introduction of coal mining techniques with selective excavation of top complex and successive enrichment to reach ash content of up to 25%. Supply of coal with 25% ash content – 7,000 thousand tons.
Designed Capacity of the Enterprise:
Electric power of the TPP – 2,400 MW;
Electric power generation – 13,200 million kW-hr/year;
OJSC “Uzbekugol” – 11.5 million tons / year.
Including: for the Novo-Angren TPP – 8 million tons/year; for the Promstroymaterials - 2 million tons / year; for budget organizations and population – 1.5 million tons/year

Estimated amount of investments – USD 543.7 million.

ENERGY

19. Sale of 48% Shares of the OJSC “Angren TPP” 

OJSC “Angren TPP” is a thermal power plant with installed capacity of 484 MW, which is designed for generation of electric and thermal power. Coal of the Angren deposit is used as fuel (black oil (mazut) is used as reserve fuel).

Main Facilities
Main facilities of power plant include: main building, complex of auxiliary buildings, fuel and transport sector, technical water supply facilities, electric facilities, pumping stations, chemical water treatment station, motor pool.

Main Types of Technological Equipment
Main equipment of the TPP (boiler rooms and turbine sets) is installed in the main building, boilers are placed in the boiler department, turbine sets and their auxiliary equipment – in the engine room of the power plant.

The first unit with capacity of 50 million kW-hr was commissioned in 1957. Type TP-230-2 boiler unit (5 units) and type Ę-100-90-6 steam turbines (4 pgg)
Black-oil section of the power plant consists of black-oil pumping plant and black-oil reservoir with capacity of 8,592 tons and coal warehouse with designed capacity of 185 thousand tons.
In accordance with the Order of the State Property Committee of the Republic of Uzbekistan #117k-PO, dated December 22, 2005, the Unitary Enterprise “Angren TPP” was reorganized into the Open Joint Stock Company with the authorized capital in amount of UZS 11,393,450.0 thousand (nominal value of 1 share –UZS 10,000).

Mailing address:

Angren Town, Republic of Uzbekistan

 

Full name of the enterprise’s director

Mr. Khabibulla Shobaydullaevich Shoismatov

 

Telephone

(8-266) 3-38-88

 

Number of employees

1,090 people

 

Authorized capital

UZS 11,393,450.0 thousands

 

Nominal value of share

UZS 10,000

 

Date of reorganization into the JSC

January 25, 2006

 

Distribution of Share Stocks

 

 

State share transferred to the Authorized Fund of the SJSC “Uzbekenergo”

51%

 

State share

33%

 

Share of labor collective

1.0 %

 

Share subject to sale to foreign investors

15%

 

Marketing Information

 

Major consumers

1. Ensuring the heat supply to Angren Town.
2. Power supply to the coal section of the central power grid.

 

 Indicators of Production Activity

 

 

Name of products and services

2005

2006

 

Electric power (million kW-hr) (generation)

536.23

621.8

 

Thermal power (thousand Gcal)

429.08

403.6

 

Financial Indicators (million UZS)

 

2005

2006

Net revenues from sales

28,502.6

28,896,643.0

Net profit

4,669.2

34,269.0

Accounts receivable (total)

9,313.5

9,906,955.0

Accounts payable (total)

14,649.1

13,465,813.0

ENERGY

20. Sale of 48.5% Shares of the OJSC “Novo-Angren TPP” 

OJSC «Novo-Angren TPP” is a thermal power plant, which has 7 units with capacity 300 thousand kW-hr and is designed for generation of electric and thermal power. The power units #1-5 operate on joint fuel: coal and gas, and power units #6-7 - on natural gas and black oil.
Main Facilities
Main facilities of power plant include: main building, complex of auxiliary buildings, fuel and transport sector, technical water supply facilities, electric facilities, pumping stations, chemical water treatment station, motor pool.

Main Types of Technological Equipment
Main equipment of the TPP (boiler rooms and turbine sets) is installed in the main building, boilers are placed in the boiler department, turbine sets and their auxiliary equipment – in the engine room of the power plant.

Power unit #1 with capacity of 300 thousand kW-hr was included in the grid for industrial operation on April 3, 1985.
The power unit includes the following types of equipment: Type P-64-2 boiler units made by the Podolsk Machine Building Plant, type Ę-300-240-3 turbines are equipped with 4 low-pressure heaters PN-550-35-6 and 3 high-pressure heaters PV-1550-380, PB-1700-380, PV-12-380.
Black-oil section of the power plant consists of black-oil pumping plant and black-oil reservoir.
In accordance with the Order of the State Property Committee of the Republic of Uzbekistan #63k-PO, dated June 24, 2005, the Unitary Enterprise “Novo-Angren TPP” was reorganized into the Open Joint Stock Company with the authorized capital in amount of UZS 30,580,600.0 thousand (nominal value of 1 share – UZS 10,000)

Mailing address:

Nurobod Settlement, Tashkent Province, 702435

Full name of the enterprise’s director

Mr. Alexander Mamurovich Abidov

Telephone

3716 45-11-93

Date of reorganization into the JSC

August 2, 2005

Legal status

Joint stock company

Number of employees

1,740 people

Authorized capital

UZS 30,580,600.0 thousands

Nominal value of share

UZS 10,000

Distribution of Share Stocks

 

Share of the SJSC “Uzbekenergo”

51%

State share

33.5 %

Share of the labor collective

0.5 %

Share subject to sale to foreign investors

15%

Marketing Information

Major consumers

Electric power supply to Fergana Valley, Tashkent City and Almalyk Industrial District.

 Indicators of Production Activity

 

 

Name of products and services

2005

2006

 

Electric power (million kW-hr)

5,577

6,105.1

 

Thermal power (thousand Gcal)

99

99.1

 

 Financial Indicators (million UZS)

 

 

2005

2006

 

Net revenues from sales

107,634

127,213,744.0

 

Net profit

2,920

13,767,547.0

 

Accounts receivable (total)

16,353

27,485,473.0

 

Accounts payable (total)

38,138

54,650,967.0

 

CDM PROJECTS

21. Construction of Akhangaran Small HPP

Project Description, Type and Schedule

Objective

Construction of SHPP on existing irrigation facilities of the Republic of Uzbekistan will allow to solve the complex problem of energy supply and irrigation in rural areas of the country, as well as to increase the living standards of local population.
Main aims of current CDM project are:

  • reduction of emission of GHG and toxic substances, produced as the result of burning of fossil fuel at thermal power plants;
  • improved energy supply of rural areas;
  • employment of local population for the purpose of constructing and operating SHPP;
  • improved water supply of Angren city.

Description

Akhangaran waterworks facility was built in 1980s and was designed for 1 year regulation of irrigation of lower acres. As a result of considerable changes in the composition of cultivated crops in Uzbekistan, outflows of Akhangaran waterworks facility have changed compared to the projected outflows. According to the data from hydrological observations of the last several years, irrigation outflows amount to about 200 mln. cubic m. annually.
Akhangaran SHPP is to generate electricity using the potential of existing irrigation outflows. Estimated average long-term amount of generated power is 66,5 mln. KWh. Planned installed capacity of Akhangaran SHPP is 21 MW.
Besides, to ensure water supply of Angren city for household water needs the connection of water conduit to the left line of headrace is planned.

Location

The Akhangaran SHPP is to be constructed within the territory of existing facilities of Akhangaran water reservoir about 120 km from Tashkent.

Category

Renewable energy

Hydro power generation

Current status

PIN

Schedule

Project start date

2009

Project lifetime

40 years

GHG Abated/Sequences (T CO2 eq)

Up to and Including 2012

164 496  tons CO2

Crediting Period (10 Years)

411 240  tons CO2

Finance

Total Investment Cost (US$)

23 557 000

Contact Information

Project Developer

Specialized enterprise “Uzsuvenergo”, Ministry of agriculture and water resources of the Republic of Uzbekistan

Postal Address

100128, 1, Usman Yusupov str., Tashkent, Uzbekistan

Web Address

Not available

Telephone/Fax

(+99871) 142-26-30 / 142-25-21

Contact Person/Title

Makhkamov Erkin Gulyamovich / Chief Engineer

E-mail

uzsuvenergo@mail.ru

MINING INDUSTRY 22.

Development of the Shavazsay Lithium Deposit with Annual Mining Volume of 3.7 Thousand Tons of Lithium Oxide

I. Information of the Investment Project Originator

Full name

State Committee for Geology of the Republic of Uzbekistan

Legal address

Tashkent City, Republic of Uzbekistan

Contact person

Mr. I.B. Turamuradov

Telephone

153-86-38

Brief Information on the Deposit

The deposit is located in Akhangaran Rayon of Tashkent Province. Area of the object is equal to 1,750 thousand sq. m. There are no buildings and facilities.
Ore productivity – 750 thousand tons annually.
Produced articles – lithium oxide.

Infrastructure and Its Condition:

Highway

distance to Akhangaran Town: 50 km.

Railroad

distance to Akhangaran station: 50 km

Power supply

220kV substation #26 located near the Krasnogorskiy Settlement – 15 km

Water supply

drinking water: underground water intake in the river Akhangaran flood land - 50 km.
technical water: surface water intake from rivers within the deposit area

Sewerage

not available

Gas supply

not available

Heat supply

not available

II. Description of the Investment Project

• Objective of the investment project

Development of the Shavazsay lithium deposit in Tashkent Province with annual mining volume of 3.7 thousand tons of lithium oxide by open-pit method.

• Brief description of technological cycle and required equipment

Technological processing scheme includes ore burning with phosphogypsum (waste of the Almalyk Chemical Plant) with subsequent cake leaching by water. Lithium carbonate is obtained from solutions by extraction method as well as lithium sulphate, chemically precipitated chalk as an associated product. Extraction of lithium oxide amounts to 76% in average. Research of residues (cakes after leaching) at the Podolsk Cement Plant have shown the possibility of their use in cement production (additives, partially – as an argillaceous ingredient). In general, the technology provides for full utilization of liquid and solid waste as well as closed water circulation, which ensures ecologically safe production.

• Equipment required for the project implementation:

Drilling and blasting, mining, transport and mineral processing equipment

• Provision of the proposed production with raw materials

750 thousand tons of ore annually, the enterprise is established near the deposit

Investment Needs

Project cost                                                                                                

USD 72,569 thousand

Financing form

Foreign direct investments and foreign loans

Contribution and participation share of the originator enterprise

USD 500 thousand

Contribution and participation share of attracted investor

USD 31,422 thousand in form of foreign direct investments and USD 40,647 thousand in form of foreign loans

Required investment volume

USD 72,069 thousand

Proposed Sources of Financing

Own funds,
million UZS

Foreign direct investments,
thousand USD

Borrowed funds

Local, million UZS

Foreign, thousand USD

655

31,422

-

40,647

Directions of Investment Use

 

Expenditures in national currency, million UZS

Expenditures in hard currency, thousand USD

Procurement of equipment

 

43,000

including – locally produced

 

 

                - imported

 

43,000

Civil and installation works

36,680

 

Formation of working capital

2,055.4

 

Expected Financial Results from the Project Implementation                    thousand UZS

Name of indicator

Years of project implementation

Year 1

Year 2

Year 3

Year 4

Volume of goods sold

-

-

9,116

18,232

including at external market

-

-

-

-

Cost price

-

-

8,704

8,605

After-tax profit

-500

0

- 1,672

-1,671

MINING INDUSTRY

23. Auction Sale of the JV “Kaolin” Property Complex (Kaolin Production)  

  • Legal address       -        Angren Town, Tashkent Province
  • Type of activity     -        kaolin production
  • Capacity                -        200 thousand tons annually
  • Area of land plot    -        18.6 ha
  • Area of buildings and facilities         -        4.5 ha
  • Provision with        -        production infrastructure - 100%, labor resources - 100%
  • Equipment             -        made in Germany, depreciation level – 46%
  • Terms of sale        -        complex
  • Estimated value     -        USD 4,130.8 thousands

Telephone numbers in Tashkent Province are seven-digit. In order to dial a number to Tashkent Province from another province of the Republic of Uzbekistan, one should dial 8 – long beep – 371 (telephone number). International format for dial-up to Tashkent Province: +998 71 (telephone number).

Operator’s codes differ for mobile communications subscribers and are dialed in international format:

  1. - for subscribers of the MTS Uzbekistan: +998 71 (subscriber’s number);
  2. - for subscribers of the Beeline: +998 90 (subscriber’s number)
  3. - for subscribers of the Coscom (U-cell): +998 93 (subscriber’s number)

Telephone Numbers:

Name of organization Telephone number
Public authorities
Tashkent Provincial Administration (Khokimiyat) 233-18-15
Main Economic Department of Tashkent Province 233-39-91
Statistics Department 150-11-01
Finance Department 236-72-47
Committee for Demonopolization 241-61-88
Tax Department 237-60-05
Labor Department 250-42-80
Department for Foreign Economic Relations, Investments and Trade 236-70-29
State Property Committee 139-21-24
Chamber of Commerce and Industry 150-91-01
Real estate exchange 132-00-37
Banks
Central Bank 144-55-52
National Bank for FEA (NBU) 152-77-20
Pakhta Bank 144-09-82
People’s Bank 173-67-50
Ipoteka Bank 217-25-01
Promstroybank 144-56-10
Mikrokreditbank 250-07-15
Asaka Bank 120-84-04
Galla Bank 233-41-34
Inquiry telephone numbers
Long-distance and international calls 139-37-36
Telephone exchange directory inquiry 139-37-22

 


















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