Economy

More than 20 investment agreements have been signed at TIEF: focus on agro-industry, construction and international cooperation

On the final day of the Tashkent International Investment Forum, more than 20 investment agreements were signed covering priority areas of economic cooperation, infrastructure development and international partnership. The documents were signed with the participation of both national agencies and companies, as well as foreign investors representing key markets.

Among the signed documents is an agreement on joint implementation of a project in the field of advanced integrated agriculture and dairy farming. It is planned to create a full production cycle, including milk processing and production of finished products, focused on both the domestic and export markets.

Special attention was paid to the construction of residential and hotel infrastructure within the framework of the "New City of Namangan" concept. The document provides for the construction of modern multi-storey residential buildings and a hotel complex that meets international standards. The implementation of the project will not only increase the level of urban environment, but also boost economic activity in one of the largest regions of the country.

An additional agreement was signed in the field of ecology and infrastructure-it concerns the construction of new wastewater treatment plants in the Ferghana Valley and Jizzakh region. The project aims to improve the quality of water supply and sustainable resource management in densely populated agricultural regions.

In the field of international cooperation, agreements have been reached on personnel training. A memorandum was signed on the establishment of a training center for specialists to work in Japan, which implies the implementation of vocational training, language training and subsequent employment programs in accordance with Japanese standards.

A memorandum on providing financing to small and medium-sized businesses based on the principles of Islamic banking was also signed. The agreement provides for the development of Sharia-compliant financial products and the creation of mechanisms to support entrepreneurs, especially in regions with limited access to traditional financial instruments.

A number of other agreements cover banking, construction, logistics and educational initiatives. Representatives of the business community noted that the agreements reached lay the foundation for long-term strategic cooperation and contribute to increasing investment activity.

The expert community expressed confidence that the package of signed documents will help improve the business climate and expand opportunities for international investment. The forum participants stressed the need for a systematic approach to the implementation of agreements, taking into account their importance for economic diversification and sustainable development.

Maili News

Maili.uz -news portal of Uzbekistan.

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