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Economy 18/11/2022 French businesses to expand their presence in Uzbekistan
French businesses to expand their presence in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- On 17 November, as part of the visit of the Government delegation to France, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev held a number of meetings with the leadership of leading French companies.

The heads of interested ministries and departments of our country also took part in the negotiations to discuss the prospects for the participation of companies in the implementation of joint investment projects.

In particular, during the conversation with the CEO of Alstom, Henri Poupart-Lafarge, the possibilities of implementing the company’s solutions in the field of organizing urban public transport were discussed, meaning the modernization of the electric fleet.

Founded in 1928, Alstom is one of the largest machine-building companies in the production of railway transport. The number of personnel is about 74 thousand people. The company also develops solutions for digital management of transport and passenger traffic. The company’s sales in 70 countries in 2021 amounted to 15.5 billion euros.

During the meeting, the parties agreed to continue joint work on detailing the technical and economic parameters of new project initiatives.

The prospects for the company’s participation in the implementation of a number of investment projects for the construction of solar and wind power plants in Uzbekistan were discussed with Sebastien Klerk, CEO of Voltaliya.

Voltalia was founded in 2005. The total capacity of the company’s facilities exceeds 1.9 GW, and the portfolio of promising projects is 10.7 GW. The company is represented in 20 countries around the world.

During the dialogue, the company’s extensive experience in building power generation facilities around the world, while maintaining the reliability of facilities and a high level of work quality, was emphasized. The company, in turn, expressed interest in opening a representative office and building alternative energy facilities in Uzbekistan.

At a meeting with the CEO of Orano Mining, Nicolas Mays, the parties constructively discussed the current state and prospects for expanding investment cooperation.

The management of Orano, a company specializing in the development and production of equipment for the energy industry, expressed interest in further building up cooperation. In this regard, during a substantive discussion of specific projects, the Uzbek side emphasized its readiness to continue to provide full support to investors in the implementation of joint projects in Uzbekistan.

As a result of the meeting, an agenda was developed for further actions to promote the considered areas of interaction.

 

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