Tashkent, Uzbekistan (UzDaily.com) - On 25 October, the International Investment Forum "Invest in Tashkent Region" was held in Nurafshan.

The forum was attended by the heads of ministries, departments and production associations, representatives of domestic and foreign business circles, heads of foreign diplomatic missions and representative offices of international financial institutions, as well as representatives of the media.

The grand opening of IITR 2019 was held in the Assembly Hall of the regional khokimiyat in the city of Nurafshan. More than 350 guests from more than 40 countries - government delegations, institutional investors and business representatives - participated in the forum. According to participants, the dynamically developing metropolitan region, which ensured the doubling of the domestic regional product in four years, is a unique platform for capital investment in the real sector of the economy.

“We are pleased that we were able to organize such a representative and complex event at a high level in a short time in essence. We are grateful to both the guests of IITR 2019 and our partners who have made the Tashkent region a center of attraction for hundreds of people with different business interests, but with the same desire to invest in our region. I think this investment forum will now become traditional - in any case, we heard a lot of such wishes from foreign delegates,” commented the deputy governor of Tashkent region Jamshid Abdusalamov.

At the end of the opening ceremony, the forum participants continued to work in the areas of "Industry", "Agriculture" and "Tourism" in the mountain resort complexes of Chimgan. On the evening of 25 October, the first day of IITR 2019 ended with an agreement signing ceremony.

Jamshid Abdusalamov noted: “The total amount of contracts concluded as a result of IITR working sessions made up US$1 billion. I believe that this is a very worthy result for the first regional investment forum. Today has clearly shown that the initiative of the leadership of Uzbekistan to decentralize efforts to develop the investment climate has fully justified itself. Direct contacts of the regions of Uzbekistan with business circles and regional authorities of other countries contribute to more efficient and productive cooperation in the economy. ”

The program of the second day of the International Investment Forum IITR 2019 envisages that guests to visit industrial and cultural-historical sites of the Tashkent region.

Following the forum, it is expected that investment agreements will be signed for a total amount of at least US$700 million.