Italian investors plan to expand their activities in Uzbekistan

    Investments 19 May 2022 1259

    On May 17 of this year, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov held a meeting with the President of the Berlusconi Finanzaria Investment Fund Paolo Berlusconi and the President of the Energy System company Roberto Tucci.

    During the meeting, the prospects of establishing and expanding investment activities in Uzbekistan by Italian entrepreneurs were discussed. The Italian side expressed interest in the implementation of major projects in the fields of energy and recycling of household waste.

    The company's management also announced plans to increase the volume of saffron grown in the regions of Uzbekistan, which will strengthen the position of Uzbek farmers in this commodity niche in the international market and create additional jobs.

    The parties considered in detail all the existing issues related to the implementation of these projects and worked out mechanisms for interaction on their operational solution, which will speed up the process of their implementation.

    An agreement has been reached to maintain an active and regular dialogue in order to accelerate the promotion of the reviewed projects, the press service of the Ministry of Investment and Foreign trade of the Republic of Uzbekistan reports.