TASHKENT, Uzbekistan, September 23. Singaporean Wilmar International food processing and investment holding company is eager to implement joint projects with Uzbekistan, Trend reports.
The issue was discussed at the meeting between Laziz Kudratov, Minister of Investments, Industry, and Trade of Uzbekistan and Kuok Khoon Hong, Wilmar International CEO.
The sides explored the possibilities of implementing joint projects in the production of essential food products, such as vegetable oil, flour, rice, as well as products for the livestock industry.
Wilmar International, founded in Singapore in 1991, is one of the leading agribusiness corporations in Asia.
Meanwhile, the bilateral trade indicators between Uzbekistan and Singapore have witnessed a remarkable surge since the beginning of the year, with Singapore now counted among the largest investors in Uzbekistan.
Several projects in industries such as chemicals, textiles, transportation and logistics, urban development, educational services, and privatization are currently in active implementation, with a total investment value of $3.8 billion.