Egyptian Orascom Construction will create industrial parks in Uzbekistan

On June 13 this year, Minister Laziz Kudratov met at the Ministry of Investments, Industry and Trade 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. This was reported by the press service of the MIIT.

The Egyptian side highly appreciated the results of the official visit of the President of the Republic of Uzbekistan Sh.M. 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 the 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.