Tashkent, Uzbekistan (UzDaily.com) -- On 13 June this year, a meeting was held at the Ministry of Investments, Industry and Trade of Minister Laziz Kudratov with a delegation of the Egyptian company Orascom Construction, headed by the head of the company's division for the creation of industrial parks and the production of building materials O. Bebars.

Orascom Construction was founded in 1950, one of the largest construction and investment companies in Egypt. Revenues is US$3.4 billion. The number of employees is more than 10 thousand people.

The Egyptian side highly appreciated the results of the official visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Egypt, which took place in February this year and gave a powerful impetus to active interaction between the business circles of the two countries, the implementation of new joint investment projects.

During the conversation, the results of a number of working meetings of the Egyptian delegation held the day before with the heads of industry associations and local authorities were summed up. The possibilities of implementing a project to create an industrial zone in Navoi region to accommodate enterprises for the production of finished electrical, textile and pharmaceutical products were studied.

The company also shared plans to participate in the management of new industrial parks specializing in the production of finished textile products in Tashkent, Andijan, Kashkadarya and Namangan regions. Readiness was expressed to provide comprehensive support in attracting investments, experience and innovative developments of the company to our country.

Following the meeting, the parties confirmed their readiness for further development of cooperation and developed a format for interaction with the aim of timely and high-quality implementation of the agreements reached.