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Economy

Tashkent Region and Acwa Discuss New Investment Projects

Tashkent Region and Acwa Discuss New Investment Projects
Tashkent Region and Acwa Discuss New Investment Projects / Photo: Hokimiyat of Tashkent region.

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s Tashkent Region and Saudi energy company Acwa have discussed prospects for expanding investment cooperation, including the development of new projects in energy and infrastructure.

The issues were discussed at a meeting between Tashkent Region Governor Zoyir Mirzaev and Acwa Chairman Muhammad Abunayyan.

During the meeting, the sides noted the development of economic ties between Uzbekistan and Saudi Arabia. Mirzaev also congratulated the company’s chairman on Saudi Arabia’s recently celebrated National Day.

Particular attention was given to Acwa’s role in attracting investment and advanced technologies to Uzbekistan’s energy sector.

The sides examined opportunities in Tashkent Region to develop industry and energy, modernise infrastructure, introduce advanced technologies and create new jobs. They also discussed prospects for expanding cooperation with Acwa and jointly developing new investment projects.

Following the meeting, participants stressed the importance of further strengthening the partnership on the basis of mutual trust and shared interests.

The announcement did not specify individual projects, investment amounts or implementation timelines.

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.