BAKU, Azerbaijan, Jan. 11
By Klavdiya Romakayeva - Trend:
The ministry of investment and foreign trade of Uzbekistan discussed with foreign investors the issues of implementation of production projects with direct foreign investments on the territory of pharmaceutical cluster Tashkent Pharma Park implemented in Zangiata district of Tashkent region, Trend reports citing the ministry.
During the visit by the working group under the leadership of the Deputy Prime Minister of Uzbekistan Sardor Umurzakov and as part of the relevant ministries, departments and local authorities the construction progress of each facility, the state of work on their connection to utilities and other practical aspects of the project have been studied.
Also, together with the directorate of the cluster and members of the working group, the existing problems were considered and algorithms for their solution were discussed. A constructive dialogue took place with investors from Turkey, India, the Czech Republic and other countries.
Following the meeting, the executives were instructed to take urgent measures to accelerate the development of design documentation, construction work and connection to utility networks.
In addition, the need to develop a step-by-step work schedule in all areas and establish a mechanism for effective monitoring of the implementation of each stage of creating a cluster, identifying emerging issues and their prompt solution through close interdepartmental interaction was emphasized.
Instructions were also given to intensify negotiations with international and government organizations, as well as foreign investors in order to attract additional investments for the implementation of new components of the cluster.
According to the ministry, the project is being implemented in order to stimulate the comprehensive development of the pharmaceutical industry in Uzbekistan.
The project is financed from the concessional funds of the EDCF Fund of the Eximbank of Korea, the Fund for Reconstruction and Development of Uzbekistan (FRDU), the Fund for Support and Development of the Pharmaceutical Industry and foreign direct investment.
The cluster will host production sites of leading pharmaceutical companies for the production of innovative drugs, medical devices and equipment, a multidisciplinary research university and its components, research centers, a state center for pharmaceutical product expertise, a data center and other necessary infrastructure.
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