Investors noticed a positive shift in commitment, leadership and vision in Uzbekistan

Uzbekistan

At the International Investment Forum, which is taking place in the capital of Uzbekistan — Tashkent, a panel session on "Why invest in Uzbekistan?" was held. This was reported by the press service of the Ministry of Investments, Industry and Trade of the Republic of Uzbekistan.

Investors noticed a positive shift in commitment, leadership and vision in Uzbekistan
Reportedly, the panel discussion, moderated by Sean McEllin, National Economic Development Project Consultant at Saviday, explored Uzbekistan's role in the Central Asian region and its rich investment opportunities.

The present speakers were:

Omar N. Al Midani, President and CEO of Vision Invest;

Raad Al-Saady, Vice-Chairman of ACWA Power;

Mehmet Arif Ozozan, CEO of “UCC Holding” cluster;

Nasser Fares Massoud, Founder & Managing Director, Concept Realisation;

Mikheil Nibladze, Managing director of “Cerberus Frontier”;

Adrian Steiner, CEO of Mitinhaber Thermoplan AG.

“I have known Uzbekistan for a very long time, doing business here for 10 years now. Since I myself am from Türkiye, I feel similarities in culture, traditions and other aspects. Since I arrived, there have been tremendous positive developments in 3-4 areas: commitment to work, leadership and vision. In addition, it should be noted that the country's GDP has almost doubled. Uzbekistan is a very open country, and a friendly atmosphere for investors has been formed here. This is a huge achievement for the country, and the movement towards progress at a such speed never ceases to amaze me,” — said the CEO of UCC Holding cluster Mehmet Arif Ozozan.

It was noted that the growing consumer market, the possibility of constant labour force renewal, strategic location in transport corridors between Asia and Europe, tariff-free access to the EU market for more than 6,000 products, rich natural resources create favourable conditions for business and investors.

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