During a visit to Uzbekistan, negotiations took place at the 'New Tashkent' Directorate between Saidkakhor Kholkhozhayev, the First Deputy Minister of Investment, Industry and Trade of Uzbekistan, and a delegation from the China Manufacturers Association of Hong Kong (CMA).
The CMA delegation was headed by President Winko Lo. The meeting gathered representatives from several major Hong Kong companies and financial institutions operating in the sectors of industry, trade, finance, and modern technologies.
During the discussion, the foreign side presented the republic's investment potential, as well as existing tax and customs benefits, and methods of state assistance for foreign investors.
Significant attention was paid to the plans for building New Tashkent, creating modern infrastructure, erecting commercial buildings and service enterprises, as well as opportunities for relocating production to free economic zones.
Participants in the dialogue reviewed prospects for strengthening industrial cooperation, organizing the production of high value-added products, implementing advanced technologies, and establishing joint ventures. Based on the results of the meeting, specific areas for further detailed elaboration of joint investment projects were determined.
