The authorities of Namangan region signed an investment agreement for $105 million with the Italian company Gamma Meccanica. The agreement was reached during a working visit to Italy by a regional delegation led by Hokim Shavkatjon Abdurazzakov. Representatives of Uzbekistan visited the enterprise’s production sites, inspected the manufactured equipment, and reviewed the technological solutions applied. Gamma Meccanica has been operating since 1977, with its headquarters and main production facilities located in the town of Bibbiano in the Emilia-Romagna region.

The Italian company specializes in manufacturing industrial lines for mineral wool and XPS insulation panel production, as well as equipment for plastic waste recycling. During negotiations with Gamma Meccanica President Andrea Burini, the parties discussed opportunities for implementing these technologies in the industry of Namangan region. Key topics included energy efficiency, expanding manufacturing capacities, and organizing joint plastic recycling projects.

Following the meeting, the parties formalized an investment agreement totaling $105 million. It is expected to become the foundation for further cooperation between the region and the Italian industrial equipment manufacturer. However, the authorities have not yet disclosed which specific facilities are planned to be built or modernized, how the investments will be allocated, or what the implementation timeline will be. Details of the production projects were also not provided.