14 March 2023

Group of British investors will visit Uzbekistan

The Embassy of our country in London, together with the Connect Real Estate Club agency, organized an international round table in a hybrid format on the topic “Investments in real estate and infrastructure in Uzbekistan”, the correspondent of “Dunyo” news agency reports.

The event was attended by representatives of major investment banks such as the EBRD, “J.P. Morgan”, “Credit Suisse”, the British Institute for International Trade and Export, a number of investment companies and others.

The participants were informed about the ongoing economic reforms in Uzbekistan, primarily the liberalization of the foreign exchange market, the reduction of taxes, legal guarantees for investors, reliable protection of private property and the development of entrepreneurship.

British investors welcomed the course taken by the government of Uzbekistan to modernize sectors of the economy and highlighted the significant potential in the context of the announced large-scale privatization and transformation of large state-owned enterprises in the coming years.

From the Uzbek side, detailed presentations were made by representatives of the Embassy, the Agency for attracting foreign investment, as well as heads of private investment funds represented in the market of Uzbekistan, including “Abu Dhabi Uzbek Investment Fund”, “Uzbek-Oman Investment Company”, “Social Finance Advisors”, “Murad Buildings”, “Radisson Hotel Group” and “N.O.P. Hospitality Consulting”.

During separate sessions, participants exchanged views on the current state and prospects of the country in sectors such as tourism infrastructure, residential and commercial real estate and retail.

As the result of the event, a group of British companies expressed their interest in implementing projects in the field of modernization of tourism infrastructure, retail and commercial real estate and taking part in the II Tashkent International Investment Forum in April.