BAKU, Azerbaijan, August 28. Uzbekistan’s
Tashkent region discussed the implementation of a $200 million
investment project in Ohangaron district with China’s Hebei
International Land Port.


This was reflected in the statement by the Tashkent Regional
Administration, following a meeting between the region's Deputy
Governor Jahongir Mamajonov, Ohangaron District Governor Bahromjon
Norqobilov and representatives of the Hebei International Land
Port.


According to the Regional Administration, the meeting focused on
creating the necessary conditions for the investor, including
issues related to allocating land for the planned project.


Ohangaron district authorities and Hebei International Land Port
previously signed an agreement to attract $200 million in
investment for the project.


During the talks, the parties discussed measures needed to
facilitate the project’s implementation, organize the land
allocation process in accordance with Uzbek legislation and find
mutually acceptable solutions to outstanding issues while taking
the investor’s interests into account.


“The project is important for the regional economy, particularly
in terms of creating new jobs, expanding production capacity and
attracting foreign investment,” the statement said.







The parties also emphasized the need to ensure that the project
moves forward in line with established procedures and investment
commitments.


At the conclusion of the meeting, the sides agreed to conduct a
detailed review of issues related to the project with the
participation of responsible officials and continue cooperation
with the investor.


Moreover, they agreed to develop practical measures for
implementing the project in accordance with the applicable
procedures. The proposed investment is expected to contribute to
economic activity in Ohangaron district by supporting production
capacity, creating employment opportunities and strengthening the
region’s ability to attract foreign capital.


Hebei International Land Port Co., Ltd. is a Chinese logistics
company operating the Shijiazhuang International Land Port, a major
rail freight hub connecting China with Europe, Central Asia and
other international markets.