The Chinese are ready to invest tens of millions of dollars in cotton farming

Akim of Turkestan region Darhan Satybaldy met with the heads of the Chinese company "Peng Sheng Group", which is successfully implementing several large projects in Uzbekistan, World of NAN reports with reference to the Akimat of the region.

The Chinese investors intend to realize a unique project in the southern districts of the region. They are confident that the quality and volume of cotton will grow significantly. For this purpose, drip irrigation system devices will be installed and Chinese agro-technologies will be introduced. The cost of the project is 46 million US dollars.

The company is also ready to build a plant for leather processing and production of gelatin from cattle waste in Turkestan region. The cost of the project is 10 million dollars. Foreign investors intend to work in the industrial zone.

"I have familiarized myself with the work you have started in the Syrdarya region of Uzbekistan. Big projects have been realized. Recently we visited China with a delegation from the region. There we familiarized ourselves with the work of the largest production giants. Now we are ready to fully support today's projects," the Akim of Turkestan region said.

In turn, the Chinese investor highly appreciated the direction of economic development of Turkestan region and the regional center and expressed interest in a number of projects. He noted that joint projects will be continued.

Смотрите больше интересных агроновостей Казахстана на нашем канале telegram, узнавайте о важных событиях в facebook и подписывайтесь на youtube канал и instagram.