BMB HOLDING and Malaysian Investors Launch New Projects
Business
The mutual interest of businesses from both countries has expanded far beyond traditional trade. High technologies, halal tourism, the agricultural sector, and Islamic finance have emerged at the crossroads of shared interests. The talks between BMB HOLDING and the Malaysian Ambassador open new vistas for Uzbek exports and the transfer of advanced Asian technologies.
On May 14, 2026, Bekzod Mamatkulov, Chairman of the Council of Founders of BMB HOLDING, held a meeting with Ilham Tua bin Illias, the Extraordinary and Plenipotentiary Ambassador of Malaysia to the Republic of Uzbekistan. The head of the holding presented the diplomat with a comprehensive overview of the export potential, ongoing investment projects, and core business lines of the company's enterprises. In turn, the Ambassador noted with satisfaction that economic relations between the nations are entering a qualitatively new stage, with Malaysian business circles showing a steadily growing interest in the Uzbek market, particularly in semiconductor technologies, the restaurant business, and tourism.
Special emphasis during the negotiations was placed on pilgrimage (Ziyorat) tourism. The diplomat highlighted that the newly established Center for Islamic Civilization and the reconstructed Imam al-Bukhari complex would serve as powerful magnets for Malaysian travelers. Cultural exchange will also extend to gastronomy: practical steps are already underway in Uzbekistan to popularize and open authentic Malaysian national cuisine restaurants. Islamic finance was also designated as another strategic touchpoint, with the parties outlining the implementation of new joint projects.
The agricultural sector formed the third crucial pillar of the discussion. Uzbekistan aims to adopt Malaysia's advanced practices in citrus cultivation, including inviting specialized experts, sourcing seeds and saplings, and implementing modern agro-technologies. Concurrently, BMB HOLDING is evaluating prospects for exporting Uzbekistan's processed agricultural products and dried fruits to the Malaysian market. The meeting concluded with an agreement to establish direct contacts between the business communities of both nations and initiate concrete negotiations on the prospective joint ventures.
Special emphasis during the negotiations was placed on pilgrimage (Ziyorat) tourism. The diplomat highlighted that the newly established Center for Islamic Civilization and the reconstructed Imam al-Bukhari complex would serve as powerful magnets for Malaysian travelers. Cultural exchange will also extend to gastronomy: practical steps are already underway in Uzbekistan to popularize and open authentic Malaysian national cuisine restaurants. Islamic finance was also designated as another strategic touchpoint, with the parties outlining the implementation of new joint projects.
The agricultural sector formed the third crucial pillar of the discussion. Uzbekistan aims to adopt Malaysia's advanced practices in citrus cultivation, including inviting specialized experts, sourcing seeds and saplings, and implementing modern agro-technologies. Concurrently, BMB HOLDING is evaluating prospects for exporting Uzbekistan's processed agricultural products and dried fruits to the Malaysian market. The meeting concluded with an agreement to establish direct contacts between the business communities of both nations and initiate concrete negotiations on the prospective joint ventures.
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