The Deputy Minister of Investments, Industry and Trade of Uzbekistan, Ilzat Kasymov, held talks with Xin Junmin, Chairman of the Board of Directors of the Chinese company Beijing Rongbaocheng Technology Group. The goal of the meetings was to discuss prospects for implementing investment projects in Uzbekistan.
Representatives of the Chinese firm were presented with information about Uzbekistan's investment potential, as well as the opportunities and conditions available to foreign investors for launching new enterprises.
During the negotiations, the parties considered possibilities for mutually beneficial cooperation in sectors such as food industry, energy, and mining. The meeting concluded with a mutual confirmation of both sides' interest in further practical promotion of promising initiatives and defining specific directions for future partnership.
The Ambassador of Uzbekistan to the United Arab Emirates, Umid Shodiev, held a meeting with the management of Mubadala Investment Company to discuss prospects for expanding bilateral investment cooperation.
During the negotiations, participants exchanged views on the current state of interaction between Uzbekistan and the UAE. Stable development of bilateral relations, based on mutual trust and strategic partnership, was noted.
Special attention was paid to increasing cooperation in priority sectors of the economy, finding opportunities to implement new investment projects, and maintaining regular dialogue on these issues. At the end of the meeting, the parties agreed to jointly develop promising investment initiatives and strengthen practical interaction.
Furthermore, an agreement was reached that representatives of Mubadala Investment Company will organize a visit to Uzbekistan.
Deputy Prime Minister of Uzbekistan Jamshid Khodjayev held a meeting with Zhao Yacin, President of the Beijing Chamber of Commerce and Industry, as well as representatives of leading Chinese companies.
During the negotiations, the parties discussed the prospects for implementing investment projects and developing long-term industrial partnerships. The main focus was on initiatives in sectors such as agriculture, industry, energy, digital technologies, and healthcare.
One of the significant projects is an initiative by Shaanxi Orange Industrial, aimed at developing 27,400 hectares of pastures and rain-irrigated lands in the Jizzakh region. These lands are intended for the cultivation and processing of oilseed crops. Planned investments in this project exceed 140 million US dollars.
As a result of the meeting, an agreement was reached to accelerate work on all considered projects and ensure close coordination with relevant state structures. The parties intend to move from signed agreements to the practical implementation of these initiatives as soon as possible. Jamshid Khodjayev emphasized that Uzbekistan is ready to accept new investment proposals and is creating conditions for long-term technological partnerships and production localization.
A Uzbek-Chinese business forum was held in Tashkent, attended by the Ministry of Investments, Industry, and Trade of Uzbekistan and a delegation from the Inner Mongolia Autonomous Region of China.
During the event, the parties discussed prospects for expanding trade, economic, and investment cooperation, as well as opportunities for implementing new joint projects. The forum gathered representatives of state and industry structures, as well as 22 Chinese companies operating in fields such as metallurgy, energy, logistics, biotechnology, automotive manufacturing, food industry, and others.
Participants noted a significant growth in trade turnover between Uzbekistan and China, which has tripled over the past five years and is expected to approach $18 billion USD by the end of 2025. Over the same period, the volume of direct Chinese investment increased fivefold, reaching $17 billion USD. Currently, more than 6,000 enterprises with Chinese capital operate in Uzbekistan.
Forum participants examined potential areas for joint initiatives, including mining, green energy, agriculture, healthcare, high technology, industrial cooperation, and the production of export-oriented goods. The forum concluded with the creation of a platform for establishing new business contacts, developing investment plans, and promoting joint projects between companies from both countries.
