Uzbekistan and KIND discussed the creation of a joint investment company
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Uzbekistan and KIND discussed the creation of a joint investment company

Uzbekistan and the Korea Infrastructure Investment Corporation (KIND) held discussions on establishing a joint investment company and financing infrastructure projects.

The meeting took place on October 21 between Ibragim Ergashov, Deputy Minister of Investments, Industry, and Trade of Uzbekistan, and a delegation from South Korea.

The parties reviewed potential areas for cooperation, including airport modernization, smart city development, and road infrastructure.

Particular attention was paid to mechanisms for attracting investments, expanding financial cooperation, and defining priority areas for joint ventures.

Following the negotiations, participants agreed to intensify work on creating the investment company, study financing options for promising projects, and continue discussing practical ways to implement them.

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Uzbekistan and Russia Discuss Production Localization for Nuclear Power Plant Construction
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Uzbekistan and Russia Discuss Production Localization for Nuclear Power Plant Construction

Uzbekistan and Russia held discussions on plans to establish joint ventures and localize production for the construction of a comprehensive nuclear power plant in Uzbekistan. According to a statement from the Uzatom Agency, the project aims to ensure that at least 30% of all components are produced locally.

The issues were raised at an industry conference held in Tashkent. Participants included representatives from Uzatom, relevant state bodies, Uzbek companies, specialists from Rosatom's Engineering Department, the Association of Nuclear Industry Construction Organizations, and executives from Russian companies involved in the NPP construction.

Opening the conference, Shakhzod Alirizayev, Deputy Head of Uzatom, emphasized the critical importance of practical interaction in implementing this project, which is intended to become the world's first integrated nuclear power plant. The project involves combining powerful energy units equipped with VVER-1000 reactors and smaller units with RITM-200N reactors.

Alirizayev noted that this configuration opens up opportunities to combine experience and form its own production base directly in Uzbekistan. During the first session, participants studied modern NPP construction methods, including modular assembly and systems-based approaches.

The role of leading materials science organizations and equipment manufacturers in providing technological solutions for nuclear projects was also discussed. Other topics included backup power supply systems, auxiliary heat and power plants, and components necessary to enhance the safety and efficiency of construction work.

A significant part of the conference was dedicated to the issue of production localization and the creation of joint ventures. Russian and Uzbek companies exchanged experiences in automated control systems and radiation monitoring, specialized ventilation and gas purification, polymer pipeline manufacturing, energy-efficient insulation materials, special concrete chemicals, and prefabricated structures for construction sites.

The establishment of production facilities in Uzbekistan is viewed as a way to increase the share of local goods used in the project and to form an industrial base for the further development of nuclear energy. It is expected that the cooperation will also include specialist training and the development of related industries.

The final B2B business session involved an exchange of proposals, where Russian and Uzbek firms discussed prospects for deepening partnerships, including joint production and professional training.

Chaidhari Group from Nepal and Uzbekistan Discussed Joint Investment Projects
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Chaidhari Group from Nepal and Uzbekistan Discussed Joint Investment Projects

The international conglomerate Chaidhari Group from Nepal and Uzbekistan held discussions on the prospects of joint investment projects in various sectors of the economy.

The negotiations took place in Samarkand on October 19 between the Minister of Investments, Industry, and Trade of Uzbekistan, Laziz Kudratov, and the Chairman of Chaidhari Group, Binodham Chaidhari.

One of the key areas of discussion was the food industry. The parties examined opportunities for creating new production facilities and expanding sales systems.

Furthermore, the participants discussed the development of the hospitality and real estate sectors, including plans to create hotel complexes with the participation of local partners.

Other potential areas of cooperation that were addressed include energy, infrastructure construction, and healthcare. Following the meetings, an agreement was reached on joint work on priority projects and the determination of their implementation mechanisms.

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