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Large companies of Qatar intend to expand their share in the markets of Uzbekistan

During his stay in Qatar, Laziz Kudratov, Minister of Investment, Industry and Trade of the Republic of Uzbekistan, held a number of meetings in Doha with Mohammed bin Hamad bin Qassim Al Abdullah Al Thani, Minister of Commerce and Industry of Qatar, the heads of Hassad Food, Nebras Power, FITCO Detergent, Alazizya Chemicals Factory, Qatar National Cement, Power International Holding, other large companies and the Education Foundation Above All Foundation of this country.

In particular, the current state of implementation of joint projects and specific initiatives for further accelerated expansion of cooperation in investment, trade and economic areas were discussed with Mohammed Al Thani. The parties confirmed their mutual readiness to take all necessary measures to support the business circles of both countries to strengthen ties, increase investment and industrial cooperation.

During the negotiations with the heads of large companies of Qatar, prospects for joint implementation of major investment projects in priority sectors of Uzbekistan's economy with the involvement of direct investments of Qatari companies were discussed. The investment and industrial potential of our country was presented, information on comfortable conditions for investment activity created in recent years was delivered.

A number of agreements were reached on the implementation of joint initiatives. The agreements cover the fields of agriculture and food production, "green" energy, infrastructure development, projects for the production of household chemicals, building materials, financial and technical cooperation.

In general, the results of the meetings showed a high level of the Qatari business community's interest in the implementation of joint projects in Uzbekistan, as one of the attractive areas for direct investment and expansion of the business geography.