FRDU and UKEF sign memorandum on financing of projects in Uzbekistan
20/04/2018 09:44
FRDU and UKEF sign memorandum on financing of projects in Uzbekistan
20/04/2018 09:44
Tashkent, Uzbekistan (UzDaily.com) -- The Fund for Reconstruction and Development of the Republic of Uzbekistan (FRDU) and the UK Export Finance (UKEF) signed a memorandum on financing of investment projects in Uzbekistan.
Within the framework of the document, the British side intends to finance projects worth 1.25 billion pounds sterling in Uzbekistan.
The document was signed within the framework of the first British-Uzbek energy forum "Investment Potential of the Oil and Gas Industry of Uzbekistan", which was held in London.
The forum was organized by the State Committee for Investments and JSC "Uzbekneftegaz", with the direct support of the Embassy of the Republic of Uzbekistan in the UK.
The main objectives of the forum were to discuss organization of financing investment projects in the oil and gas industry of Uzbekistan, to attract modern technologies to their implementation with the participation of international consultants.
Within the framework of the Forum, the British side received information about Uzbekistan, its favorable investment climate, development of the oil and gas industry in the country, as well as proposals for financing individual investment projects through loans from British financial institutions.
The rich business program of the forum included 2 plenary sessions, meetings in B2B format, as well as presentations of participating companies. Issues of further development and introduction of non-traditional and renewable energy sources were also discussed.
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