BMB HOLDING Advances Investment Cooperation with Italian Partners

Business

Bekzod Mamatkulov, Chairman of the Founders’ Council of BMB HOLDING, held talks in Milan on October 24 with Paolo Berlusconi, president of BERLUSCONI FINANZIARIA, and Roberto Tucci, president of HT HOLDING. Discussions covered investment in energy, infrastructure, and waste processing, alongside the development of Uzbek saffron production and exports.

BMB HOLDING Advances Investment Cooperation with Italian Partners
The meeting with Paolo Berlusconi continued earlier discussions. Talks focused on attracting foreign investment, introducing modern European technologies and expertise, and advancing promising projects. The participants also highlighted the longstanding friendly ties with the Berlusconi family.

The sides considered strategic joint initiatives in energy, infrastructure, and waste processing. They discussed access to modern technologies and international expertise, financing major projects, phased implementation and management mechanisms. They agreed to examine the proposals in detail and step up practical work. Mamatkulov invited Paolo Berlusconi to visit Uzbekistan.

That day, Mamatkulov also met Roberto Tucci, continuing talks held in Tashkent on October 5. The agenda included expanding investment ties, increasing the area of BMB ZA’FARON plantations in Bakhmal district of Jizzakh region, and boosting processing capacity. The sides discussed expanding exports of Uzbek saffron and saffron-based products by entering new international markets, as well as joint initiatives in other sectors.

The meeting with HT HOLDING was also attended by Italian football World Cup winners Marco Materazzi and Cristian Zaccardo. Agreements were reached on promoting the BMB ZA’FARON national brand and raising its international profile. Participants highlighted the potential of saffron cultivation and processing, the quality of Uzbek products and growing demand in global markets.

Following the meetings, the sides agreed to deepen cooperation in agriculture and other mutually beneficial sectors, draw on accumulated experience and jointly advance promising initiatives. The next step is to develop projects and identify measures for phased implementation. Both sides will continue detailed project work and define steps for implementation.

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