Tashkent, Uzbekistan (UzDaily.com) -- On 25 November, documents were signed on the management of the Navoi Free Economic Zone and the cargo terminal of the Navoi International Airport.

President Shavkat Mirziyoyev attended the ceremony and delivered a speech.

- Today, the geopolitical situation in the world requires each country to properly use its capabilities and resources, create new trade and logistics corridors. In this regard, we are negotiating with prestigious companies in the world and studying the most suitable proposals. Our goal is to increase the export potential of our country by at least 3-4 times by 2030, the head of state said.

The Navoi Free Economic Zone and the Navoi International Airport have great opportunities in terms of industry and logistics. They have the necessary infrastructure and a well-established system of work. In order to use them effectively, an agreement was signed with the DP World company of the United Arab Emirates on the management of the Navoi FEZ, as well as an agreement with the Emirates company Terminals Holding on the management of the cargo terminal of the Navoi airport.

DP World will introduce international legal norms in the Navoi Free Economic Zone that meet the requirements of foreign investors, as well as attract large manufacturers.

The objectives of Terminals Holding are to increase cargo turnover at the Navoi International Airport and connect to large cargo hubs. This cooperation will make a significant contribution to the integration of Uzbekistan into key international transport corridors and increase transit volumes at least tenfold.

In general, these two agreements will serve to expand innovative and high-tech services in our country, the development of transport communications, which are important for the domestic economy.

- I wish the dynamic development of the business of these two companies in Uzbekistan. I am confident that these projects will further increase the scale of close cooperation between our countries, the President said at the end of his speech.

At the ceremony, the heads of DP World and Terminals Holding expressed satisfaction with the agreements reached and noted that this opens up great opportunities for both parties.

On this, the trip of the head of state to the Navoi region ended, he returned to Tashkent.