A pitch session titled "Investment potential of the regions of Uzbekistan" was held in the framework of the Tashkent International Investment Forum.

The event was attended by representatives of different regions of the country, who presented the investment potential of each region and proposed specific projects for investment.

The moderator was Murat Mirzaev, General Director of the Investment Promotion Agency. During the presentation, each speaker described the opportunities and prospects for investing in their region and answered questions from the participants.

Murat Mirzaev noted: "We no longer sell cotton. All cotton is processed in Uzbekistan. We sell yarn and clothes, but not cotton".

According to Mirzaev, economic zones, and small industrial parks have been created in all regions, especially for young people. All the necessary infrastructure has been provided, as well as ready premises, where you only need to install equipment and start the production process.

М. Mirzaev also expressed his concern about the situation in the labor market: "Due to the development of technology, many people remain unemployed, so we must provide them with opportunities for retraining and further employment," he said.

During his speech, Ikboljon Ergashev, governor of Ferghana region, noted that the region has already successfully cooperated with a number of large Japanese and Korean corporations, which confirms its high potential in the sphere of business and investments.

1. Ergashev presented a number of advantages of the Ferghana region for investors:

- The region has a huge potential for investment, which is an extremely important factor for its development. At the same time, the region's growth will help it to enter the world market and unlock its potential. In addition, the area's favorable geographical location can contribute to its further development and improve statistics."

Nodir Nurmatov, Governor of Jizzak region, shared the state's development prospects: "We aim to bring the volume of attracted investments to 1 billion dollars and to implement about 4000 projects in the next 5 years. We have the unique factory in Central Asia that produces products from basalt raw materials. We plan to expand our production line and start producing basalt fabric, which is a highly demanded product in the global market."

Sheroz Sobirov, deputy head of the Samarkand Province Department of Investment Industry and Trade, listed a number of reasons why it is worth investing in the region:

- First, there is a rich raw material base here, which can provide ample opportunities for developing various industries. In addition, our region can offer a qualified labor force with a price advantage, which is an undeniable benefit for entrepreneurs. Finally, as part of the Green City program, we pay huge attention to environmental sustainability and the development of our infrastructure, which creates favorable conditions for business.

During the presentation, the Governor of Khorezm region Sherzod Ismailov presented to foreign investors a portfolio of projects worth USD 5 million, which includes more than 20 areas. In addition, this year Khorezm region plans to attract more than $700 million worth of investment projects.

Among the projects presented at the pitch session were proposals in agriculture, tourism, transport, IT, and other sectors. Most of the projects are related to the development of infrastructure and industry in the country's regions.