Tashkent, Uzbekistan (UzDaily.com) -- On 23 September, the Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held negotiations with the Chairman and Chief Executive Officer of the Singapore company Wilmar International Kuok Hoon Hong.

Wilmar International was founded in Singapore in 1991 and is one of the leading agro-industrial corporations in Asia. The company is among the largest companies by market capitalization on the Singapore Stock Exchange.

Wilmar International has more than 500 manufacturing plants and more than 50 logistics centers in 50 countries, including China, India and Indonesia. The company’s net profit in 2022 was estimated at $2.4 billion. The number of employees is 100,000 people.

During a constructive exchange of views, further expansion of mutually beneficial cooperation was discussed, including in the field of agriculture, bearing in mind the implementation of joint projects for the production of essential food products, such as vegetable oil, flour, rice, as well as products for the livestock industry. Representatives of Wilmar International highly appreciated the existing production facilities they studied directly in the regions of the country.

As a result of the negotiations, mutual readiness was expressed for further development of cooperation and the adoption of bilateral measures for the speedy start of work within the framework of the implementation of the discussed projects and initiatives.