TASHKENT, Uzbekistan, April 27. Uzbekistan, like all other countries in the region, is one of the richest countries worldwide in terms of renewable energy production, UAE Energy Minister Suhail Al Mazrouei said at the opening of the second Tashkent International Investment Forum (ТIIF-2023), Trend reports from the scene.
According to Mazroui, presently, Uzbekistan is an extremely attractive investment destination.
"The country offers a diversified portfolio of business opportunities thanks to transformative legislation. A company like Masdar continues to implement its projects in the energy sector of Uzbekistan," he noted.
This year alone, three renewable energy projects with a total capacity of 900 MW will be commissioned in Uzbekistan.
Tashkent International Investment Forum is a large-scale dialogue platform for the entire Central Asian region, which allows presenting the investment potential of Uzbekistan to international investment and business communities.
The forum is aimed to attract big foreign investments, financial and economic organizations, and companies interested in integrating into the dynamically developing market of Uzbekistan.
ТIIF-2023 will be attended by over 2,500 people from the US, UK, Türkiye, China, India, Egypt, EU, CIS, Southeast Asia, and Middle East countries. For comparison, last year more than 1,500 people applied for participation.
This year, a plenary session, as well as 28-panel sessions and round tables, a number of ceremonies for signing major investment agreements and trade contracts, discussions on current topics in the business world, including investment sector development trends, digitalization of financial institutions, and modern monetary-credit policy with participation of more than 150 speakers, are expected to be held.
The second forum will last until April 28, 2023.