Shavkat Mirziyoyev held meetings with fuel and energy sector investors as part of the investors' council

President of Uzbekistan Shavkat Mirziyoyev, as part of the first meeting of the fuel and energy sector investors' council, received delegations from Saudi ACWA Power led by Muhammad Abunayyan, Cengiz Holding led by Mehmet Cengiz, as well as the leadership of SOCAR and British Petroleum. The discussions covered expanding cooperation, green energy, infrastructure, construction of thermal power plants, and modernization of power grids.

tafs uz editorial deskFirst published on tafs uz 16 October 2026 at 23:442 min readAI translation

The key facts

Mirziyoyev received the heads of ACWA Power, Cengiz Holding, SOCAR and British Petroleum as part of the first meeting of the fuel and energy sector investors' council
With the Saudi side, the discussions covered green energy, infrastructure, high technology and healthcare
With Cengiz Holding, projects for the construction of thermal power plants and modernization of power grids were considered

Meetings as part of the fuel and energy sector investors' council

President of Uzbekistan Shavkat Mirziyoyev held a series of meetings as part of the first meeting of the fuel and energy sector investors' council, Kun.uz reported on October 16, 2026.

ACWA Power delegation

Mirziyoyev received a delegation led by the chairman of the board of directors of ACWA, co-chairman of the Uzbek-Saudi business council, Muhammad Abunayyan. The parties discussed expanding practical cooperation and accelerating priority joint projects. According to the publication, the interest of Saudi companies in the Uzbekistan market has been growing in recent years: large investment projects are being implemented in green energy, modern infrastructure, high technology, healthcare and other areas. The parties noted their readiness to bring bilateral cooperation to a higher level through the timely and high-quality implementation of the agreements reached. Following the meeting, the Saudi investors once again expressed gratitude for the favorable investment climate in Uzbekistan.

Talks with Cengiz Holding

The President also received the chairman of the board of directors of Cengiz Holding, Mehmet Cengiz. He noted with satisfaction the growth of trade turnover between the two countries and the successful implementation of major investment projects. The meeting discussed expanding projects in energy, geology and infrastructure, as well as promising projects for the construction of thermal power plants and the modernization of electricity distribution networks.

SOCAR and British Petroleum

In addition, Mirziyoyev received the CEO of the Azerbaijani company SOCAR, Rovshan Najaf, and the senior vice president of British Petroleum, Giovanni Cristofolini, who arrived in Uzbekistan to participate in the meeting of the investors' council.