The President of Uzbekistan reviewed the progress of the implementation of priority investment projects with Saudi Arabia

    Uzbekistan 4 June 2024 1569

    On June 4, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received the Co-Chairman of the Uzbekistan – Saudi Arabia Business Council, Chairman of the Board of Directors of ACWA Power Mohammad Abunayyan.

    The current issues of further enhancing practical cooperation with leading companies in Saudi Arabia and the progress of implementing joint investment projects were discussed.

    The President of Uzbekistan noted with satisfaction the achieved high level of fruitful partnership with ACWA Power.

    The company’s leading role in developing the country’s energy market was emphasized. Today, the combined portfolio of existing and promising projects is more than 17 billion.

    The importance of continuing work to attract new Saudi companies to Uzbekistan as part of the activities of the Business Council was noted.

    Special attention was paid to accelerating the implementation of joint projects on the construction and management of airports, modernization of digital and energy infrastructure, expansion of heat supply networks, waste processing, production of pharmaceutical products, the opening of oncology clinics, creation of a tourist center, textile cluster, development of greenhouse farming and livestock farming, and others.