
14.12.2020
EXPRESSION - BALSAM: NEW PROSPECTS YELLOW
The famous Japanese private holding company "Balsom Co., Ltd" will invest $ 10 million in Uzbekistan's large enterprise producing complex fertilizers - "Ifoda". Several projects will be implemented as part of the investment.
It must be admitted that direct foreign investments by private companies are still rare. "Balsom Co., Ltd", which has gained a reputation in other areas and is unfamiliar with agriculture, decided to cooperate with Ifoda due to its extensive experience in the industry, its future prospects and the fact that it meets the requirements of world standards in terms of market relations, as well as its possession of international certificates, and its marketing and management practices are similar to those in developed countries.
For information, "Ifoda" produces about 100 thousand tons of chemicals per year. Currently, it serves more than 30 thousand farmers and about 50 clusters. Last year's trade volume amounted to 211.1 billion.
The main goal of the company is to attract foreign investments, strengthen mutually beneficial economic relations with foreign partners, increase export potential, enter the world market and, of course, make a worthy contribution to the economy of our country.