Uzbekistan’s Ministry of Investment, Industry, and Trade has entered into an investment agreement with Arnest Packaging Solutions to establish a state-of-the-art aluminium beverage can manufacturing plant at the Navoi Industrial Development Complex.

This facility, backed by an investment of approximately $100 million, is projected to produce over 1.5 billion aluminium cans annually.

The new plant will create more than 200 skilled jobs, contributing to the growth of the local economy. It is scheduled to begin operations by fall 2025. 

Khurram Teshabaev, Uzbekistan’s deputy minister of investments, industry, and trade, highlighted the project’s significance, noting that it represents a major step forward in the country’s technological development for beverage packaging.

According to Teshabaev, over 30% of the cans produced will be exported. He added that the project exemplifies strong collaboration, with the government providing incentives such as tax breaks and subsidies to attract investment. Teshabaev also emphasised the government’s role in improving infrastructure and offering fully equipped production facilities to foreign investors.

Arnest Packaging Solutions, a key producer of aluminium cans in Russia and the Eurasian Economic Union (EAEU), sees this venture in Uzbekistan as a strategic move. The Navoi Industrial Development Complex, which includes the Navoi Free Industrial Economic Zone (FIEZ) established in 2008, offers advantages like tax exemptions and simplified customs processes to attract foreign investment.

Alexander Isaev, general director of Arnest Packaging Solutions, stated that this investment will bolster the company’s presence in export markets within the EAEU, Central Asia, and Transcaucasia. It will also enable the company to focus on meeting domestic demand in Russia by freeing up export capacity.