Sumec International Technology Considers Investments in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) — The Ministry of Investments, Industry and Trade of the Republic of Uzbekistan hosted a meeting between Deputy Minister Ilzat Kasimov and Mr. Hu Haijing, Chairman of the Chinese company Sumec International Technology.

During the talks, the parties discussed prospects for Sumec’s participation in the implementation of industrial projects in Uzbekistan, including equipment supply and the provision of financial solutions.

The Uzbek side presented the country’s investment opportunities and new proposals for joint projects in the agricultural and metallurgical sectors. It also expressed interest in leveraging Sumec’s platforms and expertise to promote Uzbek products on the Chinese market.

As a result of the meeting, the sides agreed to maintain regular dialogue and develop specific initiatives, opening new prospects for strengthening economic and industrial cooperation between Uzbekistan and China.

Sumec International Technology, founded in 1999 and part of SUMEC Corporation Group under SINOMACH, is one of the leading companies in China’s industrial sector.

In 2024, the company ranked 97th on the Fortune China 500 list, with revenue exceeding US$14 billion and foreign trade turnover amounting to US$10 billion. Sumec operates in more than 150 countries and regions worldwide.