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Location:
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Sector:
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Industrial
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Total cost:
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$ 94 mln
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Chinese partner:
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Wenzhou Jinsheng Trading Co., Ltd.
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Uzbekstani partner:
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Construction start:
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2004
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Putting into commission:
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2009
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Wenzhou Jinsheng Trading Co., Ltd. was established in 2007. Its business items include sale of animal fur (except for nationally protected animal fur), leather products, textiles, clothing and daily necessities, building materials: for industry, agriculture, commerce, real estate, tourism, animal husbandry, catering, transportation projects, water power construction, energy development, hotel investment; import and export of goods, technology import and export.
Peng Sheng industrial park is the biggest non-energy project jointly developed by the two countries. It is located at a distance of about 70 km from the capital city of Tashkent and occupies an area of 102 hectares.
The park was funded by Wenzhou Jinsheng Trading Co., Ltd. Total investment amount is about USD 94 mln. Chinese partners have been carrying out negotiations to establish the industrial park since 2004. Permission to start activities were obtained in 2009, but significant investment projects did not start until after 2016.
Standard factory buildings, warehouses, office premises, hostels for employees and a centre for economic and service support have been built on the territory of the park, with the total area of the buildings amounting to more than 160,000 m2. [1] There are also a separate railway line, a gas distribution station, its own substation with a double-circuit 110 kV transmission line, a wastewater treatment system, a centre for the testing and certification of products, customs warehouses and other necessary infrastructure and life-support equipment. [2]
The park’s residents are enterprises for the processing and production of leather, ceramic tiles, shoes, mobile phones, mixers and valves, pet food, products for processing animal insides (intestines, stomachs, etc.) and nine other companies in total. [3]
At present, there are over 10 workshops covering various fields with a total number of more than 1,500 employees, of which 1,300 are local. As a model project of China-Uzbekistan cooperation, Peng Sheng industrial park has contributed a large number of job opportunities and high output value for local economic development. [4]