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TP Securities strike deal on setting up polypropylene production in Uzbekistan

Uzbekistan Materials 1 March 2021 13:30 (UTC +04:00)
TP Securities strike deal on setting up polypropylene production in Uzbekistan

BAKU, Azerbaijan, Mar. 1

By Klavdiya Romakayeva - Trend:

Uzbekistan reached preliminary agreements on the implementation of projects with the participation of TP Securities LTD company (Scotland), in the field of establishing polypropylene production, Trend reports citing the Ministry of Internal Affairs of Uzbekistan.

TP Securities deals with financial management, consultancy, development of capital companies, etc.

The talks were held between the director of TP Securities Jerome Broome and the governor of the Kegeili district of Karakalpakstan Republic Daulet Utemuratov, as well as the deputy governors of Shahrisabz district Ulugbek Rakhimov and the Guzar district of the Kashkadarya region Olimjon Mavjon Mavilov with the assistance of the Embassy of Uzbekistan in the UK.

During the meeting, detailed presentations of these regions of Uzbekistan were held in terms of investment opportunities and export potential, as well as issues of cooperation on participation in joint projects and the entry of Uzbek products into the market of Scotland were discussed.

The parties reached preliminary agreements on a detailed study of the implementation of projects with the participation of British investors in the field of setting up the production of polypropylene, processing of clover seeds, as well as in the fields of poultry and animal husbandry.

TP Securities expressed interest in joint implementation of investment projects to establish the processing of fresh fruits and vegetables and leather products with further access to consumers in the markets of neighboring countries.

Also, prospects for cooperation in such areas as the production of building materials and the joint production of canned food were discussed.

Jerome Broome also that said that currently the company's specialists are conducting marketing research on the entry of certain types of Uzbek fruit and vegetable products to the Scottish market.

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Follow the author on Twitter: @romakayeva

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