The key facts

  • The meeting took place within the framework of the first meeting of the Investors' Council in the fuel and energy complex
  • The expansion of cooperation and acceleration of priority joint projects were discussed
  • Saudi investors expressed gratitude for the investment climate in Uzbekistan

Meeting within the Investors' Council

President of Uzbekistan Shavkat Mirziyoyev received a delegation led by Muhammad Abunayyan — co-chairman of the Uzbek-Saudi Business Council and chairman of the board of ACWA. The meeting took place within the framework of the first meeting of the Investors' Council in the fuel and energy complex, Zamon.uz reports.

Topics of the talks

During the conversation, issues of further expanding practical cooperation and accelerating the implementation of priority joint projects were discussed. The parties noted their readiness to raise bilateral cooperation to a higher level through the timely and high-quality implementation of the agreements reached.

Context of investment cooperation

According to the publication, in recent years the interest of Saudi Arabian companies in the Uzbekistan market has been growing. As a result, large investment projects are being implemented in 'green' energy, modern infrastructure, high technologies, healthcare and other sectors.

Investors' assessment

At the conclusion of the meeting, the Saudi investors expressed gratitude for the favorable investment climate created in Uzbekistan.