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Chinese consulting company to assist Uzbekistan in attracting investments

Business Materials 23 May 2018 09:30 (UTC +04:00)

Baku, Azerbaijan, May 23

By Fikret Dolukhanov – Trend:

The Uzbek Uzpromstroybank and the Chinese Annexure Financial Solutions consulting company signed a memorandum of cooperation for $100 million, the press service of the Uzbek bank said.

Reportedly, the document provides for attraction of foreign direct investments and capital, as well as promotion of projects implemented in Uzbekistan among foreign investors.

According to the agreement, the Chinese company will hold joint investment forums in Tashkent, as well as in Shanghai, which today is one of the largest financial centers with a large concentration of potential investors and suppliers of goods and services.

“Such cooperation will allow finding interested strategic and portfolio investors and attracting foreign capital in the total amount of up to $100 million. This, in turn, will lead to increased interest of businesses in attracting foreign direct investment,” the press service of the bank said.

Annexure Financial Solutions is a consulting company headquartered in Hong Kong. It also has offices in Shanghai and Tashkent. The company specializes in seeking, organizing meetings and developing partnerships with potential investors.

Office of the Annexure Financial Solutions in Tashkent was opened in early 2018. It provides strategic corporate consulting and stock market analysis services.

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