The President of Uzbekistan discussed with the delegation of Saudi Arabia the issues of practical implementation of priority investment projects
On December 23, President of the Republic of Uzbekistan Shavkat Mirziyoyev received a delegation from Saudi Arabia headed by the Minister of Investments of the Kingdom Khalid al-Falih.
Topical issues of further expansion of the Uzbek-Saudi multifaceted cooperation, primarily the practical implementation of the agreements reached during the visit of the President of Uzbekistan to Saudi Arabia in August this year, were considered.
At the beginning of the meeting, the Minister of Investment thanked the leader of Uzbekistan for the warm welcome and conveyed sincere greetings and best wishes from the King of Saudi Arabia Salman bin Abdulaziz Al Saud and the Crown Prince, Prime Minister Muhammad bin Salman Al Saud.
The head of our state noted with particular satisfaction the dynamic development of bilateral relations. Thus, since the beginning of the year, the volume of mutual trade has increased almost 10 times. 40 enterprises with the participation of Saudi investments have been created in our country.
Major projects are being implemented jointly in the field of energy, chemical industry, agriculture, the banking sector, telecommunications and medicine, and tourism. With the support of the Saudi Development Fund, a number of socially significant programs in the field of healthcare, education and water supply are being implemented.
The fruitful results of the business forum held today with the participation of more than 30 leading companies of Saudi Arabia were highly appreciated. One of the important results of the event was the signing of an investment agreement with ACWA Power on the construction of three wind farms in the Kungrad region of Karakalpakstan.
During the talks, issues of promoting large infrastructure projects in the Central Asian region were also discussed.
An agreement was reached on further intensification of interaction to accelerate the implementation of already started and the preparation of new investment projects, including through the established Business Council.