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Economy

Mirziyoyev and Acwa Chairman Discuss New Investment Projects

Mirziyoyev and Acwa Chairman Discuss New Investment Projects
Mirziyoyev and Acwa Chairman Discuss New Investment Projects / Photo: Press Service of the President of Uzbekistan.

Tashkent, Uzbekistan (UzDaily.uz) — Uzbek President Shavkat Mirziyoyev met a delegation led by Mohammad Abunayyan, chairman of the Saudi company Acwa and co-chairman of the Uzbek-Saudi Business Council, to discuss new investment projects and prospects for expanding bilateral cooperation.

The meeting took place on the sidelines of the first meeting of the Investors Council in the fuel and energy sector.

The two sides discussed opportunities to expand practical cooperation and accelerate the implementation of priority joint projects.

Interest among Saudi companies in Uzbekistan's market has increased significantly in recent years. With their participation, major investment projects are being implemented in green energy, modern infrastructure, advanced technologies, healthcare and other sectors.

Both sides reaffirmed their intention to take bilateral cooperation to a new level by ensuring the timely and high-quality implementation of previously reached agreements.

Following the meeting, Saudi investors thanked the Uzbek side for creating favourable conditions for investment in the country.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.