Japanese investor eyes Uzbekistan: new projects in Urgench and New Tashkent
Economy
Uzbekistan’s Minister of Investments, Industry, and Trade, Laziz Kudratov, held a strategic meeting with Yukio Shimizu, Chairman and CEO of the Japanese company Kyoto Plaza. The discussions focused on the current state of cooperation, the implementation of an ongoing project in Urgench, and prospects for launching new initiatives in New Tashkent.
Kyoto Plaza Hotels is one of Japan’s leading hotel operators, managing a network of hotels across various cities. The company’s involvement confirms the sustained interest of Japanese businesses in developing tourism infrastructure, hotel services, and modern urban spaces in Uzbekistan.
The Urgench project aims to develop the regional hotel sector, boosting tourism, business activity, and creating new jobs. In New Tashkent, a new initiative was discussed to create a modern urban environment using international expertise and standards.
The discussions also went beyond the hotel sector, covering broader investment opportunities, including capital attraction, project organization, and long-term collaboration. Both sides expressed interest in continuing constructive dialogue and expanding partnerships in priority areas.
The Ministry emphasized that such high-level meetings contribute not only to individual projects but also to establishing sustainable practical links between Uzbekistan and Japanese companies, improving service quality and implementing international management standards.
The Urgench project aims to develop the regional hotel sector, boosting tourism, business activity, and creating new jobs. In New Tashkent, a new initiative was discussed to create a modern urban environment using international expertise and standards.
The discussions also went beyond the hotel sector, covering broader investment opportunities, including capital attraction, project organization, and long-term collaboration. Both sides expressed interest in continuing constructive dialogue and expanding partnerships in priority areas.
The Ministry emphasized that such high-level meetings contribute not only to individual projects but also to establishing sustainable practical links between Uzbekistan and Japanese companies, improving service quality and implementing international management standards.
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