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Uzbekistan and Action Group Holdings discuss prospects for cooperation in PPP projects

Uzbekistan and Action Group Holdings discuss prospects for cooperation in PPP projects
Uzbekistan and Action Group Holdings discuss prospects for cooperation in PPP projects / Photo: Still from video.

Tashkent, Uzbekistan (UzDaily.uz) — On 19 March, Ilkhomjon Umrzakov, Deputy Minister of Economy and Finance of Uzbekistan, held a meeting with representatives of the Kuwaiti company Action Group Holdings, including Executive Committee Member Abdullah Mohammad Al-Sabah.

The negotiations focused on the development of public-private partnership (PPP) projects and expanding investment cooperation. The prospects for implementing initiatives in the fields of energy, real estate, and social infrastructure were discussed.

Representatives of Action Group Holdings noted the attractiveness of Uzbekistan’s investment climate, emphasizing the dynamic development of infrastructure and collaboration with international financial institutions. The Kuwaiti delegation also expressed willingness to consider participation in socially significant projects, including affordable housing construction and investments in renewable energy sources.

As a result of the meeting, the parties agreed to intensify consultations and organize new negotiations to expand mutually beneficial cooperation.

Action Group Holdings is an international investment company founded in 1998 in Kuwait. It specializes in investments, real estate, the oil industry, IT, logistics, construction, education, consulting, and trade.

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.