BMB Trade Group, Abu Dhabi Uzbek Investment in talks over partnership with UAE businesses
BAKU, Azerbaijan, Jan. 7
By Klavdiya Romakayeva - Trend:
BMB Trade Group and Abu Dhabi Uzbek Investment discussed possible prospects for partnership in the implementation of investment projects with the participation of the UAE business community, Trend reports citing uzdaily.uz.
The mentioned issue was discussed on January 5, 2021 by Chairman of the Supervisory Board of BMB Trade Group Bekzod Mamatkulov and General Director of Abu Dhabi Uzbek Investment JV Timur Rakhmanov.
The parties exchanged experience in the implementation of large investment projects.
It was noted that Abu Dhabi Uzbek Investment JV is successfully implementing a number of large investment projects in Uzbekistan for a total of $100 million.
In turn, BMB Trade Group has accumulated rich experience in implementing investment projects with Russian, Chinese and Italian business circles.
Following the meeting, the parties reached an agreement on joint development of investment projects in the Jizzakh region and the organization of a meeting with the leadership of the supervisory board of Abu Dhabi Uzbek Investment JV.
BMB Trade Group is an investment and consulting company with 40 experts and analysts, whose services have been used by more than 200 foreign companies.
The company has designed, with the participation of its own and attracted foreign direct investment, investment projects totaling about $500 million.
The Abu Dhabi Uzbek Investment JV was established in July 2019 by decree of the president of Uzbekistan with the participation of the Fund for Reconstruction and Development of Uzbekistan and the Development Fund of Abu Dhabi with an announced capital of $1 billion.
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