British firm GOR Funding has introduced the launch of an progressive manufacturing facility in Central Asia. The brand new plant, positioned in Uzbekistan, will produce high-purity molybdenum trioxide nanopowder.
One of many venture’s initiators, Technano Innovation, led by entrepreneur Ovik Mkrtchyan, believes the enterprise has the potential to spice up demand for high-tech industries throughout the area. The venture is unprecedented in Central Asia. The primary batch of completed merchandise has already been produced on the facility in Almalyk, with full-scale manufacturing scheduled to start in February.
Technano Innovation, a part of the GOR Funding Restricted group based by Mkrtchyan, developed and applied this venture, introducing a groundbreaking know-how. The custom-designed industrial tools produces molybdenum trioxide nanopowder with particle sizes starting from 20 to 80 nanometers and a purity degree of 99.999%.
Mkrtchyan highlighted the corporate’s important prospects and outlined plans to steadily broaden the vary of merchandise manufactured on the plant. “It is possible to produce nanopowders of rare metals such as tantalum, tungsten, niobium, molybdenum, and vanadium, as well as precious metals like platinum and gold,” he mentioned. The businessman expressed confidence that the plant’s merchandise would discover consumers on each native and worldwide markets, together with Europe.
Mkrtchyan emphasised that the venture aligns with Uzbekistan’s financial pursuits. The nanopowder manufacturing facility helps the “roadmap” of the nation’s Innovation Growth Technique for 2024–2025 and fosters elevated enterprise exercise within the area. He famous that 2025 has been designated the Yr of Environmental Safety and Inexperienced Financial system in Uzbekistan.
Regardless of actively contributing to Uzbekistan’s financial improvement and working in alignment with the nation’s authorities programmes, GOR Investments has confronted a wave of detrimental media consideration. The corporate’s key figures, together with Ovik Mkrtchyan, have been focused by unfounded accusations. The businessman famous that related makes an attempt to discredit GOR Investments occurred over a decade in the past, prompting the corporate to enlist top-tier authorized experience to defend its integrity efficiently. He emphasised that the present allegations, very like these up to now, seem aimed toward undermining the corporate’s credibility relatively than addressing any real issues.
Ovik Mkrtchyan famous that enterprise success can generally provoke rivalry and advised that latest media protection could also be leveraging inside political dynamics in Uzbekistan to accentuate efforts to hurt his status. He described the usage of smear campaigns, the place deceptive data is disseminated on doubtful platforms and infrequently picked up and amplified by sensationalist retailers, together with some in Europe, which can not at all times confirm the fabric.
Mkrtchyan firmly rejects the allegations and factors to their political undertones. “There appears to be an attempt to drag me and my business into behind-the-scenes intrigue that I really don’t understand. I am a businessman with no political goals or interests,” he careworn.
GOR Investments’ authorized staff is addressing the defamatory publications, gathering proof and making ready to file lawsuits. Mkrtchyan expressed confidence within the UK authorized techniques and anticipates a beneficial end result for the corporate.
In recent times, Europe has proven growing curiosity in Central Asia. The area’s mixture of presidency assist for international funding and an out there labour power makes it enticing to buyers. Ought to Mkrtchyan succeed, Technano Innovation may turn into one of many first large-scale progressive tasks applied within the area by a international firm. The expertise gained may function a mannequin for different funding initiatives.
Ovik Mkrtchyan believes GOR Investments has the potential to pave the best way for Western capital in a quickly rising but nonetheless undervalued area. Initiatives like Technano Innovation display the attraction of Central Asia, which urgently must develop progressive industries. The businessman expressed readiness to pursue additional funding tasks that might assist the area safe a outstanding place within the international financial system of the longer term.
