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Chinese firms may implement investment projects in Uzbekistan's construction sector

Business Materials 27 October 2018 11:30 (UTC +04:00)
A Chinese delegation consisting of representatives of business circles of Hubei Province, led by Yuan Yajie, Deputy Director-General of the Department of Commerce of Hubei Province, visited Uzbekistan.
Chinese firms may implement investment projects in Uzbekistan's construction sector

Baku, Azerbaijan, Oct. 27

Trend:

A Chinese delegation consisting of representatives of business circles of Hubei Province, led by Yuan Yajie, Deputy Director-General of the Department of Commerce of Hubei Province, visited Uzbekistan, UzDaily reported.

The Hubei Province, being one of the most economically developed and most densely populated provinces of China, is located almost in the very center of the country. Mining, metallurgical, machine-building, chemical, petrochemical, automotive and other industries are developed here.

The delegation from China included the representatives of the construction industry, who are specialized in the construction of highways, railway lines, bridges and multi-story buildings.

The Chinese companies have a strong innovative and technological potential in the construction of infrastructure facilities. The companies participating in the business meeting have carried out a number of large projects in China - for example, they have taken part in the construction of the Shanghai World Financial Center, the construction of the 523-kilometer Qinghai-Tibet railway and other major infrastructure facilities.

The purpose of the meeting at the Chamber of Commerce and Industry of Uzbekistan was to familiarize Chinese businessmen with the investment potential and ongoing economic reforms in Uzbekistan, to involve them in the investment projects in various regions of the country and to create conditions for establishing business contacts with Uzbek enterprises.

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