09 September 2022

Economic and investment opportunities of Uzbekistan were presented in Singapore

The Embassy of Uzbekistan, with the assistance of the largest Singaporean company “Food Empire”, held a round table with a presentation on the topic “Modern economic and investment potential of Uzbekistan – new business opportunities for Singaporean companies, the correspondent of “Dunyo” news agency reports.

It was attended by the heads of more than two dozen Singaporean companies, such as “Food Empire”, “Tech Storm”, “Wine Tatler”, “Universal Integrated Corporation Consumer Products”, “Zero1”, “Oceanus Group”, “SCash”, ” Power Hero”, “Farquhar VC” and others, as well as the deputy director of the department for work with European countries of the state corporation “Enterprise Singapore” Ikai Yao.

The participants of the round table were provided with detailed information on the economic and investment opportunities of Uzbekistan, the favorable investment climate created, special economic zones, the privatization of 620 large companies in strategic sectors of the economy, new business opportunities for Singaporean companies in the fields of information technology, education, healthcare, telecommunication and agricultural and other sectors of the economy of the republic.

Within the framework of the round table, multimedia presentations and a video film on the development of information technologies, the telecommunications sector, the e-government system of Uzbekistan were presented, as well as comprehensive answers were given to the questions of the participants.

At the end of the round table, as well as based on the requests and interest of the heads of Singaporean companies, an agreement was reached to organize online negotiations with the relevant ministries, departments of the republic and Uzbek companies in order to determine areas of cooperation, as well as to organize visits of Singaporean companies to Uzbekistan in mutually agreed terms for studying and establishing partnerships with Uzbek industry organizations and companies.