Construction of a Major Investment Project Begins in Kuvasay
2026-04-02 12:40:00 / News
The project, which involves the production of fine-fiber cables, is being implemented by "FERGHANATELTEKS" LLC in cooperation with Turkish investors. The project has a total value of $25 million and includes the introduction of modern technologies.
The primary goal of the initiative is to localize the production of high-quality products and expand export potential. As a result of the project, 150 new jobs are planned to be created.
The majority of the manufactured products will be exported to Turkey and CIS countries. The project is scheduled to be commissioned in the third quarter of 2026.
During the event, Yavuz Karabulut, the head of the joint venture, provided details regarding the construction and commissioning processes.
With the participation of community elders, prayers were offered, and the construction of the new enterprise began with well-wishes.