Tashkent, Uzbekistan, Nov. 5
By Demir Azizov- Trend:
The International Investment Forum has begun in Tashkent, the organizing committee reported to Trend Nov. 5.
Forum participants visited the Ferghana and Khorezm regions and reviewed business activities of those companies that offer potential investment opportunities.
Possible investors from India, Germany, South Korea, China, Spain and Turkey also are in attendance at the forum.
Participants visited Ferghanaazot JSC, Quartz JSC, the Fergana and Urgench oil and fat combines, the Kokand mechanical plant, and UzXCMG machine-building company. The government offers large stakes to foreign investors, said forum officials.
The main objectives of the forum are to present Uzbekistan's leading enterprises, including those in the state program of privatization, and to sell them to those strategic foreign investors capable of modernizing production and ensuring their ability to compete on domestic and foreign markets.
Plans call for the signing of bilateral agreements, contracts and other documents on the implementation of joint investment projects.
More than 560 foreign business executives, representing over 250 companies, economic associations and financial institutions from 33 countries, have confirmed their participation in the forum, according to the organizing committee.