TASHKENT, Uzbekistan, December 5. The UK Kalo Holdings company has expressed its readiness to invest in Uzbek projects aimed at transition to green economy, Trend reports.
The news followed a meeting between the Ambassador of Uzbekistan to the UK Ravshan Usmanov and representatives of Kalo Holdings.
During the meeting, the parties discussed various infrastructure projects, including the establishment of gas stations for electric vehicles with a capacity of 60 kW.
As a result of the talks, the participants reached a preliminary agreement on working out the implementation of these projects with relevant organizations of Uzbekistan.
It was emphasized that implementation of these projects will give impetus to efforts aimed at ensuring sustainable economic growth while preserving the environment.
Meanwhile, Uzbekistan plans to attract $7 billion of private investment to create an additional 9 GW of generating capacity. The total volume of necessary investments in the electric power industry is estimated at $52 billion.
Overall, companies have invested a total of 139.1 trillion Uzbek soums ($11.4 billion) in Uzbekistan in the first six months of 2023. A significant share of these investments, 59 trillion soums ($4.8 billion), or 42.4 percent, account for foreign investment and loans directed to fixed capital.