OFFERS FOREIGN INVESTORS A PACKAGE OF STATE-OWNED SHARES IN THE AMOUNT OF 61.04% AND ECONOMIC SHARE OF 25%
The company is located in the city of Jizzakh.
The total area of the company, with its industrial and non-industrial facilities, is 14.9 hectares.
The company was founded in 1972. Through a June 1996 decree of the State Property Committee, the Jizzakh plastic plant was transformed into Open Joint-Stock Company “Jizzakh Plastmassa.” The company’s legal form was changed to JSC “Jizzakh Plastmassa” in line with the May 6, 2014 Law of Uzbekistan “On Amendments and Additions to the Law of Uzbekistan ‘On Joint-Stock Companies and Protection of Shareholders’ Rights’”.
Superior body: JSC “O’zkimyosanoat”
Main type of activity: recycling of plastic
In accordance with the April 28, 2015 Presidential Decree “On measures to increase the proportion and value of private property in the economy” in order to promote attraction of foreign investments, dramatically increasing the level and the role of private property in the national economy due to the deepening of the privatization processes and in this by ensuring the modernization and technological renovation of production, organization of production of competitive on the domestic and foreign markets of products of JSC “Jizzakh Plastmassa” approved the list of joint stock companies in which the share of state and economic management bodies will be sold to strategic foreign investors.
Cost of share packages:
State share of 61.04% – $7,336,429
Economic share of 25.0% – $2,301,696
In accordance with the April 4, 2015 Presidential Decree “On a program of measures to ensure structural transformations, modernization and diversification of production for 2015–2019”, the company runs projects to produce polyethylene film with a width of 3,000 mm and polyethylene pipes (НД 50:250 mm and НД 710:1200 mm).
The projects will help increase the volume and assortment of polymer products, cut energy consumption and production costs, and give a competitive edge to the products.
Address: 5 Tashkent Street, Jizzakh city,
Jizzakh region, Uzbekistan 130100
Phone. (+998-72) 223-26-60.
Fax: (+998-72) 223-26-76.
E-mail: firstname.lastname@example.org, email@example.com