25 April 2023

Investment prospects of Uzbekistan in the field of infrastructure were discussed in London

The Embassy of Uzbekistan, together with the British Association “British Expertise International”, held a webinar on investment opportunities in the infrastructure sector of Uzbekistan, on the topic “Uzbekistan Infrastructure Deep-Dive”, the correspondent of “Dunyo” news agency reports.

The event was attended by about 50 representatives of official circles, international financial institutions, major banks and private companies in the UK.

The main speakers were the representative of the UK Department of Business and Trade in Uzbekistan Lori Morehead, Head of Development of the British Export Finance Agency (UK Export Finance) Sean Burnage and representatives of the Embassy of our country in London.

The participants of the event were informed about the essence and significance of the Constitutional reform in Uzbekistan and the legal basis for organizing the upcoming referendum.

Further, a detailed presentation of investment projects was held, including on the basis of public-private partnerships, in such areas as energy, mining, the chemical industry, transport and road infrastructure. Particular attention was paid to large-scale transformations in Uzbekistan, government measures aimed at creating a favorable investment climate, supporting domestic producers of export-oriented products to enter new markets in Europe with the widespread use of preferential trade mechanisms of the EU (GSP +) and the UK (DCTS).

Information about such upcoming major international events as the Tashkent International Investment Forum (April 27-28) and the regular meeting of the Uzbek-British Trade and Industry Council (UBTIC), as well as export financing mechanisms, was received with interest by the British business community.

During the event, a thorough exchange of views took place on promising areas of cooperation, further plans were outlined to develop joint projects and establish direct cooperative ties between the private sectors of the two countries.