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Economy 08/11/2024 Council of Foreign Investors discussed key issues in investment environment development

Council of Foreign Investors discussed key issues in investment environment development

Tashkent, Uzbekistan (UzDaily.com) —  On 8 November, Tashkent hosted the fourth interim meeting of the Council of Foreign Investors under the President of the Republic of Uzbekistan. The event was attended by representatives of leading foreign companies, diplomatic missions, international financial institutions, and government bodies of Uzbekistan.

The meeting focused on discussing draft legal documents aimed at optimizing the operations of Special Economic Zones (SEZs), creating favorable conditions for investors, and attracting new investments. Participants deliberated on mechanisms for stimulating and attracting alternative investments such as venture capital and direct investments.

Additionally, issues related to optimizing tax administration and effective land use for foreign investors were discussed.

Representatives from companies such as TBC Bank, Veon, Coca-Cola, PwC, and others shared their experiences and provided valuable suggestions for improving the investment climate in Uzbekistan.

Ilzat Kasymov, Deputy Minister of Investments, Industry, and Trade, expressed gratitude to the participants for their active involvement and emphasized that the government of Uzbekistan would continue working to create the most favorable conditions for foreign investors.

The meeting of the Council of Foreign Investors marked another step in the development of an open dialogue platform for building long-term, mutually beneficial cooperation between investors and the government of Uzbekistan.

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