12 August 2019

An investment forum took place in the Ferghana region

On August 7-8, 2019, the International Investment Forum was held in the city of Fergana, the purpose of which was to familiarize representatives of the foreign business community with the economic potential and investment opportunities of the region.

The forum was attended by over 150 foreign businessmen from 30 countries, the diplomatic corps in Uzbekistan, as well as representatives of leading foreign media.

After the official opening, 3 breakout sessions were held on the strategy of successively building up the industrial potential of the Ferghana Region, attracting advanced technologies and foreign investment in the region, raising the standard of living of the population, the process of urbanization in the region, as well as further improving the initiated reforms in the fields of healthcare, education, culture and sport.

On August 7, a presentation of new investment projects, unused and ready for operation, industrial buildings in the region was held. The forum participants also visited the exhibition of products made by local manufacturers “Made in Fergana”, where export-oriented goods of OA “Fargonaazot”, “UzSungwoo”, “Narimteks”, “Germes Ideal Sifat” and “Vostok Composite” were delivered.

The forum was continued by the cooperation exchange in the B2B and B2G format, as a result of which documents worth more than 350 million US dollars were signed.

Participants also visited local manufacturing enterprises to acquaint themselves with their activities, where there were presentations of promising investment projects offered to investors of buildings and structures, free land.