Investment potential of Uzbekistan presented in Shanghai
15/10/2019 10:10
Investment potential of Uzbekistan presented in Shanghai
15/10/2019 10:10
Tashkent, Uzbekistan (UzDaily.com) -- Presentation of the trade, economic and investment potential of Uzbekistan and the investment opportunities of the city of Tashkent in the construction industry was held in the trade, economic, banking, financial and cultural center of China - Shanghai, Dunyo news agency reported.
The event, organized by the Consulate General of Uzbekistan in Shanghai and the Directorate for the construction and operation of facilities on the territory of Business City under the khokimiyat of Tashkent city, was attended by the leaders and representatives of the China Council for the Promotion of International Trade, CCPIT, representatives leading companies in the fields of construction, engineering, consulting and high technology, development of real estate, tourism and services, hotel and restaurant business, journalists.
Also representatives of the Shanghai media, including the Shanghai office of the journal "Diplomat".
The participants of the event were provided with detailed information on economic transformations and macroeconomic indicators of Uzbekistan, special economic and small industrial zones, privileges and preferences provided to foreign investors, promising areas of cooperation in the construction sector, as well as the implementation of various projects in the territory of constructed business centers in Tashkent.
A representative of Shanghai Construction Group Co., Ltd, which has been building a multi-story building since 2019 as part of the Tashkent City International Business Center project, spoke at the last event. He shared his experience in Uzbekistan, the construction of new facilities, as well as assessments of the process of modernizing the urban infrastructure and increasing its capabilities in Tashkent. According to him, at present, all the necessary conditions for the successful activity of foreign investors are created in Uzbekistan.
The presentation aroused great interest among Chinese investors.
According to the general manager of the Department of Business and Development of the Greenland Hotel and Tourism Group, Yan Binh, the presentation is important and very much in demand for promoting trade, economic and investment relations between Uzbekistan and China. He noted that the Greenland Group is one of the largest companies in China and is engaged in real estate projects in several countries in Southeast Asia and Europe.
“We received a lot of useful information, from which it is clear that great opportunities are opening up for investors in Uzbekistan. Now we plan to visit Uzbekistan and study the prospects of cooperation and, thereby, contribute to the development of the country,” said Yan Bin.
The representative of Shimao Group, Zhang Jian, noted that their company is engaged in projects for the organization of hotels and housing, and therefore they are of particular interest in the possibility of implementing such projects in Uzbekistan.
“In the future, we want to further study the country's market, in particular, the possibility of investment in real estate,” he said.
Perry Jacobs, general manager for China at FSC Architects & Engineers, a consulting company, said the event was organized at a very high level with the participation of leading Chinese companies involved in construction, engineering and other related industries. According to him, rich raw materials and intellectual resources, a developed industrial base and production infrastructure, as well as a favorable geographical location in the middle of Central Asia and the passage of routes under the “One Belt, One Way” initiative, are of great interest to Chinese companies and allow us to consider Uzbekistan as promising for the development of mutually beneficial cooperation of the country.
Within the framework of the event, meetings were held between representatives of business circles of Uzbekistan and China in the B2B format.
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