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In 2012 joint business LLC “HPC Systems" within implementation of the investment project "Industrial engineering of power cables with isolation from cross-linked polyethylene on tension to 400 kV on the territory of FIEZ "Navoi" is created.
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According to the resolution No. 118 dated 02.05.2013 of The Cabinet of Ministers of the Republic of Uzbekistan "About measures for the organization of high technology productions in the territory of the special industrial zone "Jizzakh" JV LLC “AWP” was created in 2013 with the participation of JSC “Almalyk MMC” (50%), JV LLC “Peng Sheng” (Uzbekistan) (17%) and the company "Wenzhou Jinsheng Trade Co., LTD" (PRC) (33%).
Based on the decision No. 7 of the Supervisory Board of “Almalyk MMC” JSC dated March 24, 2022 and decision of the general meeting of founders (Minutes No. 1 dated March 31, 2022), a new joint venture was established in Chirchik.
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