State Development Bank of China is interested in expanding cooperation
22/05/2019 16:33
State Development Bank of China is interested in expanding cooperation
22/05/2019 16:33
Tashkent, Uzbekistan (UzDaily.com) -- Representatives of the Ministry of Energy and Uzbekneftegaz met with members of the delegation of the State Development Bank of China and discussed issues of mutually beneficial cooperation.
As part of the negotiations, the foreign guests were provided with information about the ongoing reforms in the fuel and energy sector of Uzbekistan. Other aspects of the partnership in this area were discussed.
In turn, representatives of the State Development Bank of China gave a high assessment to the reforms being carried out in the Uzbek fuel and energy complex, noting the increased interest and desire of foreign investors to cooperate. They also provided information on the activities of the financial institution, positive experience in implementing key investment projects in the oil and gas industry in our country.
As an example, the successful participation of the bank in financing the construction of a new plant for the production of synthetic liquid fuel Uzbekistan GTL was noted.
Proceeding from the parties’ interest in strengthening the partnership, representatives of the State Development Bank of China were invited to consider the possibility of participating in the projects “Expansion of the production capacity of the Shurtan Gas Chemical Plant” for the implementation of ASCC, production of olefins (HUNDRED) and liquid fuel from coal (CTL).
Following the meeting, an agreement was reached to continue the dialogue and explore the potential for cooperation.
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