BAKU, Azerbaijan, October 24. Uzbekistan and a
delegation from the Chinese Manufacturers’ Association of Hong Kong
(CMA) explored opportunities for industrial cooperation, technology
transfer and joint investment projects in Tashkent on October
19.
This was reflected in the statement by the Uzbekistan’s Ministry
of Investment, Industry and Trade.
The meeting brought together Saidqahhor Kholkhujaev,
Uzbekistan’s first deputy minister of investment, industry and
trade, and a CMA delegation led by its President, Wingco Lo.
Representatives of Hong Kong-based companies and financial
institutions operating in industry, trade, finance and technology
also attended the meeting.
Uzbek side presented the delegation with information on the
country’s investment opportunities, tax and customs incentives,
government support mechanisms and conditions for foreign
investors.
Particular attention was given to development projects in New
Tashkent, including modern infrastructure, commercial real estate
and service businesses. The parties also explored opportunities to
establish manufacturing facilities in Uzbekistan’s free economic
zones.
The discussions focused on expanding industrial cooperation,
producing higher-value-added goods, introducing advanced
technologies and establishing joint ventures. The participants also
identified potential areas for further work on investment
initiatives.
Founded in 1934, the Chinese Manufacturers’ Association of Hong
Kong (CMA) is a non-profit industrial and business organization
representing more than 3,000 member companies across various
sectors. Its activities focus on promoting Hong Kong’s industrial
and commercial development, supporting businesses, representing
industry interests in policy matters, and fostering international
trade and cooperation.
