TASHKENT, Uzbekistan, June 10. Uzbekistan is rich in substantial mineral reserves, including tungsten, molybdenum, magnesium, lithium, graphite, vanadium, and titanium, with the total value of its subsoil resources estimated at $3 trillion, Trend reports via the Uzbek president’s office.
To capitalize on this vast potential, the country is
establishing Metals of the Future techno parks in the Tashkent and
Samarkand regions.
This initiative aims to position Uzbekistan as a regional hub for
the production of high value-added goods through full-cycle mineral
processing.
To encourage investment, the government will offer a 10-year
rent tax refund to investors who carry out integrated operations,
from geological exploration to manufacturing finished products.
The development of these techno parks is expected to drive
industrial growth, attract significant foreign investment, and
foster sustainable, long-term business partnerships in key sectors
of the economy.
