Economy

Ferghana Region and Switzerland Discuss New Investment Projects

Ferghana Region and Switzerland Discuss New Investment Projects
Ferghana Region and Switzerland Discuss New Investment Projects / Photo: Press Service of the Ferghana Region Regional Administration..

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s Ferghana Region attracted US$35 million in investment through joint projects with Switzerland in 2026.

Bilateral trade between the two sides amounted to US$2.1 million. Prospects for expanding economic cooperation were discussed by Ferghana Region Governor Khairullo Bozorov and Swiss Ambassador to Uzbekistan Simon Geiger.

During the meeting, the parties explored opportunities for new investment projects, stronger trade and economic ties, and a greater presence of Swiss businesses in the region.

Particular attention was paid to cooperation in agriculture, exports of fruit and vegetable products, pharmaceuticals and industry, including textiles. The participants also discussed training qualified specialists and developing interregional ties.

Simon Geiger said he had been impressed by Ferghana Region’s natural landscapes, craft traditions, cultural life and economic potential.

The talks also highlighted the importance of the international ratings assigned to the region by Fitch Ratings and S&P Global Ratings.

According to the participants, these ratings help strengthen the region’s investment appeal and expand opportunities for international cooperation.

Six enterprises with Swiss capital are currently operating in Ferghana Region.

Following the meeting, the parties agreed to develop mutually beneficial cooperation in new areas and maintain regular dialogue.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.