08.05.2024,
4184 Zeichen
Tashkent, Uzbekistan (ots/PRNewswire) - $26.6 billion: the total
amount of signed agreements, which is 141.8% higher as compared to
the results of the last years' Forum.
$4.85 billion: the largest agreement, signed within the framework of
The Forum with ACWA Power.
$2.5 billion: the mandate of the International Islamic Trade Finance
Corporation (ITFC) for the implementation of the historic program
"Trade Connect Central Asia+" (TCCA+), which was announced during the
Forum.
2,500+ participants from 93 countries
The Ministry of Investment, Industry and Trade of the Republic of
Uzbekistan is delighted to share the strong results of the third
Tashkent International Investment Forum that took place from 2 to 3
May.
This year, The Forum was attended by a record number of participants:
2,500+ from 93 countries around the world. Within the framework of
the Forum, agreements were signed totaling $26.5 billion, which is
141.8% higher than the results of last years' Forum ($11 billion).
Agreements were signed in various sectors: from renewable energy and
digital technologies to textiles and agriculture, among others.
The largest agreement was signed with ACWA Power (Saudi Arabia) and
involves the construction of wind power plants capable of generating
power to around 4.5 million houses in Uzbekistan per year. This
project is worth $4.85 billion.
Moreover, agreements were signed on the implementation of the
following investment projects:
* "Data Volt" (Saudi Arabia): construction of urban infrastructure
in "New Tashkent" with total project amount of $1 billion, as
well
as a data center amounting $3 billion.
* "Amea Power" (UAE): wind power station project with a capacity of
1000 MW in the Republic of Karakalpakstan, totaling $1.1 billion.
* "Saudi Tabrid" (Saudi Arabia): heating system modernization
projects in Nukus, Fergana, and Kuvasay totaling $750 million.
* "Nil Shugar" (Egypt): sugar beet cultivation and production
project in the Jizzakh region totaling $500 million.
* "Shanghai Knud International" (China): textile and sewing
production in Namangan region totaling $205 million.
* "Wilmar International" (Singapore): food production project in
Tashkent region totaling $200 million.
In addition, agreements were reached at the Forum with a number of
major global companies, such as "Orascom Investment" (Egypt), "Sayar"
(USA), "Goldwind", "Sinoma" (China), "Sam Yapi" (Turkiye), "Pasha
Development" (Azerbaijan) "Lasselsberger" (Austria) and "Petrosat
Chexelsoton" (Iran)
Also, as a result of the Forum, an agreement was signed with the
International Islamic Trade Finance Corporation (ITFC) for the
implementation of the "Trade Connect Central Asia+" (TCCA+) program,
aimed at significantly increasing the volumes and shifting the
structure of trade between the countries of Central Asia and
Azerbaijan. The ITFC's mandate for the implementation of this program
amounts to $2.5 billion. The project's ultimate objective is to
increase the share of regional exports of non-mining and
non-oil-and-gas products among the 6 countries of the region to 23%
within 5 years.
Following the Forum's results, the Minister of Investment, Industry
and Trade of Uzbekistan, Laziz Kudratov, remarked: "In three years of
holding The Forum, this year's event has been the most successful –
and the level of discussion as well as the quantity and value of
signed agreements showcase this. Also, most importantly, the opening
speech of the President of Uzbekistan, which began the Forum,
confirmed to existing investors in the country the wisdom of their
decision, and served to persuade potential investors of the
compelling attractiveness of the New Uzbekistan: the big country with
big opportunities. We are open to cooperation and look forward to
welcoming investors – for whom we are creating a positive environment
in which they can create value for their businesses and for the
people of Uzbekistan".
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content:https://www.prnewswire.co.uk/news-releases/the-third-tashkent
-international-investment-forum-showcases-uzbekistans-investment-pote
ntial-after-26-6-billion-in-agreements-successfully-signed-302139915.
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