Tashkent, Uzbekistan (UzDaily.uz) — The Fergana-China Trade and Investment Centre has opened in the Chinese city of Qingdao. Its activities will focus on promoting products from Fergana region on the Chinese market, developing business contacts and facilitating joint investment projects, the Fergana regional administration reported.
The centre is located within the demonstration zone of the China-SCO Local Economic and Trade Cooperation Centre.
Its opening was part of a visit by a Fergana region delegation to China’s Shandong province, during which regional representatives held talks in Qingdao and Jinan.
As part of a business forum in Qingdao, B2B meetings were held with representatives of Hisense Group, Tronvex Machinery, Shandong Luqiao Group, Modu House and a reinforced concrete products manufacturer.
The parties explored opportunities for joint projects in telecommunications and mobile communications, the production of high-precision CNC machine tools, reinforced concrete structures for irrigation and road construction, road and bridge construction, and modular buildings.
In Jinan, the delegation held expanded talks with representatives of the provincial and municipal committees of the China Council for the Promotion of International Trade (CCPIT).
The meetings featured presentations on Fergana region’s export and investment potential and promising regional projects. Entrepreneurs also discussed trade and economic cooperation with Shandong Linxuan Import-Export, Shandong Hu Xin, Jinan Aoli and other companies.
Following the talks, the Fergana regional administration signed memorandums of cooperation with the Jinan Committee for the Promotion of International Trade and Qingdao SPB GALAXY CULTURE. The administration of Baghdad district signed a memorandum with LINK-WORLD IMP & EXP.
The parties agreed to organise a visit by entrepreneurs from Jinan to Fergana region, present the region’s investment opportunities and establish a working group to coordinate cooperation. Fergana region also plans to send a delegation to business forums in Shandong province.
Another part of the talks focused on agriculture. In Jinan, the delegation visited the Shandong Oakes Animal Husbandry livestock complex, where it studied milk production and processing using German technologies. The facility covers 180 hectares and houses more than 6,000 dairy cows, each producing 45–50 litres of milk per day.
The company manufactures yoghurt, kefir and other dairy products.
Talks with company representatives covered the possibility of establishing modern livestock complexes in Fergana region and the Bozatau district of Karakalpakstan. The company's founders expressed their readiness to visit Uzbekistan. The parties also agreed to maintain regular contact and establish a working group for the projects.
Fergana region Governor Wang Tao also discussed livestock disease prevention and treatment, the introduction of modern technologies and the possibility of producing veterinary medicines in the region with the chairman of Jinan Yimin Animal Pharmaceutical.
In addition, the delegation visited Jinan Xinsan Plastic Industry, which manufactures biodegradable mulch and greenhouse films. Founded in 2003, the company occupies an area of 12.87 hectares and has an annual production capacity of 60,000 tonnes.
The participants discussed the prospects for using these products on farms and in greenhouse operations in Fergana region, as well as their impact on soil fertility and the environment.
Chinese investors were also briefed on the opportunities offered by the region’s free economic zones and small industrial zones, as well as the activities of a support centre for Chinese investors established at the initiative of the regional governor.
