A platform for open discussion of investment proposals of foreign and local investors created

Tashkent, Uzbekistan (UzDaily.com) -- On 12 July, Tashkent hosted the first meeting of a unified platform for open discussion of investment proposals of foreign and local investors with the participation of representatives of state and economic management bodies.

The event was organized by the State Committee of the Republic of Uzbekistan for Investments with the participation of the Commissioner under the President of the Republic of Uzbekistan to protect the rights and legitimate interests of business entities. More than 250 investors, representatives of state structures and entrepreneurs took part in the open discussion.

Meetings of this format will be held weekly in order to widely inform about the available resource, industrial and investment potential of the republic, as well as to establish and deepen a direct and constructive dialogue between local and foreign investors, state and economic management bodies and other participants in the investment process.

Through a single site, it is proposed to introduce a mechanism for a transparent and timely discussion of investment proposals of foreign and local investors, heads of state and economic management bodies, including identification of acceptable investment options, prompt solution of private problems, identification of systemic issues requiring comprehensive consideration and consistent solution.

On the official website of the State Committee of the Republic of Uzbekistan for Investments, a permanent online registration will be opened for participation in meetings of a single open discussion platform. All interested parties can take part in the events: foreign and domestic investors, representatives of diplomatic missions of foreign countries in the Republic of Uzbekistan, heads of state and economic management bodies.

In the future, the meetings will also be held in the thematic areas: the fuel and energy complex, the chemical and petrochemical and metallurgical industries, engineering, the automotive and electrical industries, healthcare, pharmaceuticals, education, tourism and other spheres. The whole list of thematic discussions with dates is available on the website of the State Committee of the Republic of Uzbekistan for Investments.

During the meeting, Deputy Prime Minister Sukhrob Kholmuradov noted that over 960 enterprises with foreign capital participation were registered in the republic in the first half of the year, which is almost three times higher than in the previous year.

According to him, investors from Russia, Turkey, China, Kazakhstan, Korea and other countries created the joint ventures.

Sukhrob Kholmurodov said that the Single Investment Portal will soon be launched. The goal of the portal is to establish a direct link between the state and potential investors, who will be able to get answers to all the questions they are interested in.

The portal will provide information on the investment potential of the republic, industries and territories, the existing raw materials base, conditions created for investors, privileges and preferences.

The portal will also provide various services to investors. Potential participants will be able to track the progress and results of consideration of investment applications, regardless of the place and method of investor’s communication, in real time.

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