TASHKENT, Uzbekistan, January 12. Saudi Arabian companies discussed the establishment of livestock farms in Uzbekistan with further export of their products to the country, Trend reports.
This was discussed at the meeting between Consul General of Uzbekistan in Jeddah (Saudi Arabia) Nodirjon Turgunov with Deputy Chairman of Saudi Muhaidib Group Emad Al Muhaidib and Managing Director of UFMC (United Feed Manufacturing Company) Tareq al Shuweimi al Jammaz.
During the conversation, the Saudi side was provided with detailed information on the large-scale changes being implemented in Uzbekistan, reforms aimed at liberalizing the economy and developing foreign trade, as well as opportunities created for foreign investors.
The Saudi side noted that Uzbekistan has accumulated a great experience in growing and processing fruits and vegetables, dried fruits and nut products, and has sufficient potential for exporting these products.
Readiness was expressed to import universal nitrogen fertilizers (ammonium nitrate, ammonium sulphate, urea and potassium fertilizers) for all types of crops, garden and ornamental plants produced in Uzbekistan.
The Saudis were also provided with information on the Program of livestock development in Uzbekistan for 2022-2026, ensuring food security through increased manufacturing of livestock products, wide introduction of modern production methods, state support for the livestock sector, as well as the effective use of modern information and communication technologies and scientific achievements in this field.
The businessmen proposed to establish cooperation in the production of ready-made feed for animal husbandry.
As a result of the meeting, the sides reached an agreement to work out the matter of establishing cooperation in these areas jointly with relevant agencies and business partners in Uzbekistan.
Earlier, Saudi Arabian Vision Invest announced intention to open a regional office in Uzbekistan’s Tashkent. The new structure will allow the company to monitor the progress of investment projects more effectively.
Vision Invest is an infrastructure holding with assets in the fields of energy, water supply, construction, and transport worth more than $50 billion.