Deputy Minister of Investment, Industry and Trade of Uzbekistan Ilzat Kasimov met with MCS Investment CEO Ganbyamba Myagmarzhav in Tashkent, where the parties expressed interest in expanding partnership in industry, energy, telecommunications and finance. The dialogue fits into Uzbekistan's policy of diversifying sources of capital and technology: attracting a large Mongolian conglomerate reduces dependence on traditional investors and opens up new channels for entering the markets of Northeast Asia. As a multidisciplinary group, MCS Investment is able to offer not only financing, but also ready-made operational solutions-from energy projects and digital infrastructure to financial services, which corresponds to the agenda of modernizing the Uzbek economy and developing high-value production chains.
The substantive part of the agreements involves the development of specific initiatives with clear KPIs, support and implementation calendar, as well as building localization mechanisms: joint ventures in industrial processing, participation in energy projects and the introduction of advanced risk management and information disclosure standards. For Uzbekistan, this is access to competencies and long-term money, for MCS Investment — a market of more than 35 million consumers, an industrial base and logistics in Central Asia as a platform for further expansion. The focus is on creating sustainable jobs in the regions, developing telecom and ICT services for businesses, and expanding financing for investment projects. The parties demonstrate a pragmatic approach: focusing on sectors where the synergy of demand and technology provides rapid economic benefits and builds investor confidence through transparent procedures and predictable regulatory environment. The announcement of the first joint projects is expected as roadmaps and financing parameters are agreed, which will be the next step towards strengthening trade and investment ties between Central and East Asia.
