Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s First Deputy Minister of Investment, Industry and Trade Saidkahkhor Kholkhojayev met with a delegation from the Chinese Manufacturers’ Association of Hong Kong (CMA), led by its president, Vingko Lo, on 19 October.
The meeting took place at the New Tashkent Directorate, where the delegation was briefed on Uzbekistan’s investment opportunities and development projects in New Tashkent, the Ministry of Investment, Industry and Trade reported.
The talks were attended by representatives of leading Hong Kong companies and financial institutions operating in industry, trade, finance and advanced technology.
The delegation was informed about existing tax and customs incentives, government support mechanisms and the conditions available to foreign investors.
Particular attention was paid to New Tashkent projects involving modern infrastructure, commercial facilities and service-sector businesses. The visitors were also presented with opportunities to establish production facilities in free economic zones.
The parties discussed prospects for industrial cooperation, the production of high-value-added goods, the introduction of advanced technologies and the establishment of joint ventures.
Following the meeting, the sides identified areas for further development of investment initiatives.