TASHKENT, Uzbekistan, August 22. Seven
investment projects with a combined value of nearly $500 million
are currently under review by the Azerbaijan-Uzbekistan Investment
Company, Uzbekistan’s Minister of Investment, Industry and Trade
Laziz Kudratov said at the fourth Uzbekistan-Azerbaijan Regional
Forum in Tashkent, Trend's special correspondent reports.
According to Kudratov, the company has already approved eight
projects worth a combined $500 million in a relatively short
period.
The minister noted that the Azerbaijan-Uzbekistan Investment
Company supports businesses through direct equity investments,
short-term shareholder loans and reimbursement of project
preparation costs.
“I therefore call on all business representatives to engage more
actively with the Azerbaijan-Uzbekistan Investment Company. Its
head, Nazim Gajiyev, and his team are here today. They are ready to
provide the necessary support,” Kudratov said.
The fourth Uzbekistan-Azerbaijan Regional Forum focuses on
expanding interregional economic cooperation and implementing joint
investment and trade projects. The forum is being held in Tashkent
and aims to further develop direct ties between the regions of the
two countries and expand cooperation in investment, industry and
trade.
