“Cengiz Holding” presented new plans to expand business in Uzbekistan

On August 8, President of the Republic of Uzbekistan Shavkat Mirziyoyev received a delegation of the Turkish company Cengiz Holding, headed by Chairman of the Board Mehmet Cengiz, the press service of the head of our state reports.

Issues of further expansion of mutually beneficial cooperation, including the implementation of joint projects for the development and modernization of the sectors of the economy of our country, were considered.

It should be noted that with the participation of this leading Turkish diversified holding, two projects were successfully completed in Uzbekistan – modern power plants were put into operation in the Tashkent and Syrdarya regions with a total capacity of 460 megawatts.

During the meeting, the head of our state was reported in detail on the performance of these energy facilities.

In addition, the President of Uzbekistan launched the construction of another power plant in the Jizzakh region with a capacity of over 500 megawatts.

Cengiz Holding also presented plans for the implementation of new projects worth more than $5 billion.

Among them are the modernization and construction of roads and tunnels, the conduct of geological exploration and the development of promising mineral deposits, the management of energy infrastructure on the terms of public-private partnership.

The leader of Uzbekistan gave instructions on the speedy preparation and full-scale implementation of promising projects with the participation of Turkish investor.