Interfax
November 18

Dagris of France plans to invest about $5 million in seed production in Uzbekistan, the company's general director, Gilly Peltier, told the press.

The money is to be spent on diversifying the activities of two cottonseed joint ventures in Bukhar and Namangan. Production is to expand to wheat, soy, sunflower and other seeds.

Dagris is also considering expanding into processing oil-bearing crops and producing sunflower and soy oil, as well as nut, grapeseed and apricot oil, to provide new export opportunities, Peltier said.

Dagris is a shareholder in two joint ventures: Bukhara Seed Company and Mirishkor LLC in Namangan, both of which were set up in 2000.

Dagris has invested $3 million in Uzbekistan's agricultural sector.

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