The 3rd Tashkent International Investment Forum (TIIF) has successfully completed its work in Uzbekistan. The event gathered more than 2.5 thousand participants from 93 countries, providing a platform for global dialog and exchange of best practices in the investment sphere.
One of the key events of the forum was the presentation of regional energy projects (construction of Kambarata HPP-1 and Yavan HPP) to foreign investors. The presentation was attended by the Prime Ministers of the Republic of Uzbekistan and the Kyrgyz Republic, which emphasized the importance of these projects for the entire region.
The forum attracted the attention of international media and was covered by more than 110 foreign publications from 30 countries, including the world's leading media: "CNN", "Euronews", "London Post" and "Associated Press".
As a result of the TIIF, agreements totaling $26.6 billion were signed, which testifies to the high investment attractiveness of Uzbekistan and the success of the forum. For comparison, 167 documents worth $11 billion were signed at TIIF in 2022, which demonstrates a significant increase in investment interest to the country.
In particular, agreements were reached on the realization of the following major investment projects:
– "Data Volt" from Saudi Arabia will be engaged in the construction of urban infrastructure in "New Tashkent" for the amount of $1 billion, as well as create a "data center" based on green technologies for the amount of $3 billion.
– Saudi Arabia's Acwa Power will implement projects to build a 5 GW wind farm in the Republic of Karakalpakstan and create 2 GW of electricity storage capacity for a total of $6.2 billion.
– UAE-based Amea Power will implement a $1.1 billion project to build a 1,000 MW wind farm in the Republic of Karakalpakstan.
– “Saudi Tabrid” will start modernization of the heat supply system in Nukus, Fergana and Kuvasay at a cost of $750 million.
– Egypt's “Nil Shugar” will grow sugar beets and produce sugar in Jizzak region at a cost of $500 million.
– Chinese company "Shanghai Knud International" will implement a project on production of textile and garment products in Namangan region for the amount of $205 million.
– “Wilmar International" company (Singapore) will produce food products and confectionery in Tashkent region for the amount of $200 million dollars.
In addition, the forum reached agreements with a number of the world's largest companies, such as "Orascom Investment" (Egypt), "Bonafarm Grup" (Hungary), "Sayar" (USA), "Goldwind", "Sinoma" (China), "Sam Yapi" (Turkey), "Pasha Development" (Azerbaijan), "Lasselsberger" (Austria), "Petrosat Chexelsoton" (Iran) on realization of new investment projects worth $6.6 billion.
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