Uzbek delegation holds meeting with representatives of Turkish business
28/07/2020 12:15
Uzbek delegation holds meeting with representatives of Turkish business
28/07/2020 12:15
Tashkent, Uzbekistan (UzDaily.com) -- On 27 July 2020, during the visit of a delegation of the Republic of Uzbekistan to Ankara, Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov held a number of meetings with the heads of Turkish companies and commercial organizations.
During the talks, the sides discussed issues of current interaction, opportunities for its expansion in the near future, and also worked out existing issues in the framework of the implementation of joint projects and initiatives.
During the conversation with the General Director of the Turkish Halkbank O. Arslan, the preconditions for organizing the Bank's activities in the Uzbek market were considered. In particular, the dialogue touched upon the prospects for the participation of Halkbank in the privatization of the state share in the commercial banks of Uzbekistan, as well as the opening of credit lines to Uzbek banks to co-finance promising investment projects in Uzbekistan.
At a meeting with the General Director of Aksa Energy Cemil Kazancı, current issues related to the project for the construction of a thermal power plant with a capacity of 240 MW in Tashkent region, the cost of which is US$60 million, and measures to accelerate its implementation were discussed. They also considered the prospects for expanding investment cooperation by attracting the company to industrial production in the electric power industry, as well as to participate in the implementation of projects in the hotel business.
The substantive dialogue with the Chairman of the Board of Directors of the Cengiz Holding Company M. Cengiz allowed to comprehensively consider the prospects for investment cooperation in the field of construction, energy, mining, aviation and tourism, as well as in the field of insurance.
During the conversation with the Chairman of the Supervisory Board of the Dal Technik Makina company D. Dal, the successful experience of the Turkish investor in the implementation of high-tech projects in Uzbekistan was emphasized.
To date, Dal Technik Makina has implemented a metal processing project in the Angren FEZ worth US$17 million, as well as a project for the production of cement in the Jizzakh region worth US$10 million.
During the discussion, issues related to the current operating activities of these enterprises were jointly studied and an agreement was reached to work out measures to resolve them as soon as possible.
Negotiations with the founder of the textile company "Agarta Textile" N. Yildiz allowed to discuss opportunities for establishing investment cooperation through the creation of joint ventures in Uzbekistan, which will quickly launch the production of high-quality products under well-known brands that are in stable demand in world markets.
The Agarta Textile company was founded in 1970. Since 1976 the company has been operating under the name "Hira Textile" and cooperates with the largest brand companies in the world, such as Enrico Marinelli, Lacoste, Nautica, Marco Moralli.
The meeting with the founder of the company "Kahve Diyari" E.Usegen, which currently includes 120 franchised coffee houses in 48 regions of Turkey, became fruitful. The Turkish side expressed its readiness to take part in the implementation of joint projects in Uzbekistan, in connection with which an agreement was reached on establishing contacts with potential Uzbek partners.
Following the meetings with Turkish entrepreneurs, further practical actions were identified to ensure sustainable mutually beneficial cooperation and strengthen the position of Turkish capital in the Uzbek market.
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