Business Investment Opportunities in Bukhara Province

Manufacturer of silk thread, silk yarn, and silk wool. - The factory was established in 2004 to manufacture silk thread from raw material supplied by farmers located in the Bukhara region of western Uzbekistan. - In the past 10 years, the company has invested USD 10M in the business through shareholder funds and bank loans, primarily on production equipment and technology. - The company’s annual silk output is currently 90 tons of raw silk thread and 30 tons of silk wool. - It serves export markets in Asia, particularly Vietnam, China, and Iran but with investment would like to enter the European market. - Sales are forecast to double from USD 2.4M in 2021 to USD 4M by 2024. - The machinery used in the production process is Chinese. The oldest equipment (15 years old) was installed when the company was established. The most recent equipment was installed 6 years ago. - A new factory wing was built in 2020, totaling 3,000 square meters, to accommodate new equipment intended for the company’s extension of production into manufacturing silk fabric and finished products. - In total, there are 285 employees of whom 254 are skilled workers. This includes 120 staff in the main factory and 65 agronomists who are engaged in breeding silkworms. The company also works with numerous farmers on long-term supply contracts. - This transaction is being brokered by a development organization based in Ireland. It is an organization that is working with the Government of Uzbekistan to attract FDI. The point of contact for this transaction frequently travels.

Our company has planned to build free WiFi zones across the cities of Uzbekistan. Initially we aim to cover 4 cities which is attractive from tourism point of view - Bukhara, Khiva, Samarkand and Kokand. Later on other two cities Navoi and Tashkent with high population density and high income would be added. - The coverage of the local population will be at least 500 thousand. We expect to attract advertisers to advertise on hotspot and billboards. With our strong business plan, we estimate our business to grow at full capacity in 3 years. Additionally, there is legislative support for this service sector and administrative support from state authorities. - The management has an experience of over 10 years in the deployment of these networks. At the moment we are developing the network infrastructure, have installed servers, software and hardware solutions. Our network covers the territory of the Bukhara Medical Institute, and we are creating coverage for the central park. We have more than 500 active users at the moment.

Our company has planned to build free WiFi zones across the cities of Uzbekistan. Initially we aim to cover 4 cities which is attractive from tourism point of view - Bukhara, Khiva, Samarkand and Kokand. Later on other two cities Navoi and Tashkent with high population density and high income would be added. - The coverage of the local population will be at least 500 thousand. We expect to attract advertisers to advertise on hotspot and billboards. With our strong business plan, we estimate our business to grow at full capacity in 3 years. Additionally, there is legislative support for this service sector and administrative support from state authorities. - The management has an experience of over 10 years in the deployment of these networks. At the moment we are developing the network infrastructure, have installed servers, software and hardware solutions. Our network covers the territory of the Bukhara Medical Institute, and we are creating coverage for the central park. We have more than 500 active users at the moment.