The key facts

  • Mirziyoyev's meeting with Voltamp Energy head Sayyid Ayman al-Busaidi took place at the first meeting of the Investors' Council in the fuel and energy sector.
  • Agreement to implement the company's current and new projects under a 'roadmap'.
  • Main topics: solar power plants and the production of high-voltage transformers.

Meeting within the Investors' Council

President of Uzbekistan Shavkat Mirziyoyev held a meeting with the chairman of the board of directors of the Omani company Voltamp Energy, Sayyid Ayman al-Busaidi. According to the presidential press service, the head of the company arrived in Uzbekistan to participate in the first meeting of the Investors' Council in the fuel and energy sector. During the talks, prospects for the development of mutually beneficial cooperation were discussed.

Topics of Negotiations and Agreements

According to Spot.uz, one of the main topics was the construction of solar photovoltaic power plants and the production of high-voltage transformers. Following the meeting, the parties agreed to implement Voltamp Energy's current and new projects based on a 'roadmap'.

Al-Busaidi's Statements

In an interview with the O'zbekiston 24 channel, al-Busaidi said that the council meeting opened up new opportunities for the company, and that the changes in Uzbekistan strengthen its motivation to participate in energy projects. 'Our company has drawn up a clear plan for future activities in Uzbekistan and the CIS countries. Having met with Shavkat Mirziyoyev, I had the opportunity to discuss our plans [with him],' he said. The top manager called the negotiations 'a great incentive' for fulfilling the company's plans in Tashkent, in Uzbekistan as a whole, and later in other CIS countries.

Presidential Instructions

Al-Busaidi asked the president for assistance in introducing new technologies, improving the qualifications of specialists, and developing related services. Mirziyoyev supported the initiatives and instructed officials to complete the development of agreements, accelerate the implementation of programs, and create the necessary conditions for investors.

Context

Earlier, Spot.uz reported that Uzbekistan plans to invest $850 million in the localization of equipment for the energy sector. Also, within the framework of the Investors' Council meeting, Mirziyoyev held negotiations with the head of Turkey's Aksa Enerji, Cemil Kazancı.