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10 April 2009 / 05:20

The favorable investment climate created in Uzbekistan for foreign investors serves for the growth in a number of joint enterprises with participation of foreign partners, according to the Uzbekistan National News Agency.

For instance, the Mushtariy Joint-Stock Company in Namangan Province this year has been turned into a joint enterprise. The American Impra-Invest Company is reported to have invested 423,000 US dollars to the company – the move, which had allowed to establish the Uzbek-American Mushtariy International Joint Venture.

At the first quarter of this year the new joint-venture has sown uniforms worth over 224 million Uzbek soums on the orders placed by the relevant ministries, departments and establishments.

“At the moment, we are working on the uniforms for the workers of internal affairs bodies,” the Director-General of the joint enterprise Tolibjon Rakhimov said. “The first samples have already been made and presented to customers.”

These days the reconstruction of the enterprise is underway. After the venture will step onto the planned production capacity yet other 250 people are going to be employed.

Lola Bekmuratova for the Information Agency “Jahon” in English