14 January 2025

The President of Uzbekistan emphasized the importance of further diversification of investment cooperation with the UAE

On January 14, as part of his stay in Abu Dhabi, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with a delegation of leading companies of the United Arab Emirates headed by the UAE Minister of Investment, CEO of ‘‘ADQ’’ Holding Mohammed Hassan Al Suwaidi, the press service of the head of our state reports.

The meeting was attended by the heads of ‘‘AD Ports Group’’ Mohammed Juma Al Shamisi, ‘‘Tadweer’’ Ali Al Dhaheri, ‘‘Plenary Group’’ Mustafa Fakhour and ‘ЇDUCAB’’ Mohammed Al Qurashi.

These companies are among the world leaders in their industries with total assets exceeding $200 billion.

The possibilities for expanding practical cooperation and increasing the investment portfolio in high-tech industries were considered.

The intensively developing partnership with the UAE in various areas of the economy was noted with great satisfaction. Joint measures are being taken to promote investment, develop industry and advanced technologies.

Further steps to expand mutually beneficial cooperation with each company are outlined. This concerns joint projects in the areas of infrastructure development, urban development, energy, transport and logistics, mining, electrical engineering, utilities and others.

Agreements have been reached to accelerate the implementation of projects to introduce innovative technologies, develop rare earth metal deposits, develop regional railways and create ‘‘dry’’ ports, manufacture cable products, and promote PPP projects in education and medicine.

At the end of the meeting, it was agreed to adopt a ‘‘road map’’ in all areas of practical cooperation.