Uzbekistan inks contracts for US$365.5m in Open South Forum
06/06/2018 12:05
Uzbekistan inks contracts for US$365.5m in Open South Forum
06/06/2018 12:05
Tashkent, Uzbekistan (UzDaily.com) -- On 2-3 June, Termez hosted an International Business Forum “Open South”, dedicated to development of investment cooperation, promotion of tourism opportunities in the region and export potential of the producers of Surkhandarya region. This was reported by the press service of the State Committee for Investments.
The two-day event brought together more than 180 representatives of ministries, departments, heads of diplomatic missions accredited in Uzbekistan, heads of foreign companies and companies from 20 countries and entrepreneurs of the region engaged in agriculture, tourism and trade.
On the first day of the business forum, the participants made presentations on the potential of the region, the heads of foreign enterprises told about the projects that are already being successfully implemented in the territory of the Surkhandarya region, and also submitted their proposals for cooperation.
The State Investment Committee made a presentation on created favorable economic conditions for investors, privileges and preferences, and introduced a flexible system of customs tariffs.
Then the guests met with Erkinjon Turdimov, Khokim of Surkhandarya region.
According to the program of the second day activities, the participants visited a number of enterprises, potential for the development of joint projects, and also visited the territory of the logistics center Termez Cargo.
The event also included an exhibition of products, where over 40 domestic producers of various regions presented their goods.
The exhibition has become an open platform, where entrepreneurs have found partners for the development of joint business projects.
As a result of the meetings, more than 60 memorandums and contracts worth more than US$365.5 million were signed and signed. In particular, 19 documents were signed to attract foreign investments for US$252 million and 41 documents for export of products for US$114 million.
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