Uzbekistan Expands Investment Cooperation with International Companies
Economy
On 19 October in Samarkand, Uzbekistan’s Minister of Investments, Industry and Trade, Laziz Kudratov, held a series of meetings with representatives of five international companies. The discussions covered aviation workforce training, investment in industry and hospitality, capital market development, privatisation and the processing of critical minerals.
The minister met Mahendra R. Nair, Vice President of Global Commercial Sales at GE Aerospace; Binod Chaudhary, chairman of Nepal’s Chaudhary Group; Quinn Martin, president of Bluestone Investment Bank; Nikhil Bhatnagar, president of Auerbach Grayson; and Mark Laverghetta, director of ReElement Technologies.
Talks with GE Aerospace focused on training aviation professionals and upgrading their skills in response to growing demand for qualified personnel. The two sides agreed to jointly develop educational programmes for the training and professional development of aviation specialists.
In the meeting with Binod Chaudhary, the parties discussed potential joint investment projects in food processing, the establishment of new production facilities and the expansion of distribution networks. Hospitality and real estate development were also on the agenda, including the development of hotel complexes involving local partners. Other areas considered included energy, infrastructure construction and healthcare. The sides agreed to work together on priority projects and the mechanisms for implementing them.
With Quinn Martin, Kudratov discussed prospects for developing Uzbekistan’s capital market, improving domestic companies’ access to international financial markets and attracting long-term foreign investment. Talks with Nikhil Bhatnagar focused on accelerating privatisation in the banking and financial sector, improving the management of state assets and promoting Uzbekistan’s investment opportunities to international investors.
A separate meeting with Mark Laverghetta focused on the advanced processing of critical minerals and the introduction of cutting-edge technologies. The parties agreed to work on the development and launch of a joint pilot project.
The meetings covered a range of economic cooperation priorities, from workforce development and financial markets to industrial technologies and investment attraction.
Talks with GE Aerospace focused on training aviation professionals and upgrading their skills in response to growing demand for qualified personnel. The two sides agreed to jointly develop educational programmes for the training and professional development of aviation specialists.
In the meeting with Binod Chaudhary, the parties discussed potential joint investment projects in food processing, the establishment of new production facilities and the expansion of distribution networks. Hospitality and real estate development were also on the agenda, including the development of hotel complexes involving local partners. Other areas considered included energy, infrastructure construction and healthcare. The sides agreed to work together on priority projects and the mechanisms for implementing them.
With Quinn Martin, Kudratov discussed prospects for developing Uzbekistan’s capital market, improving domestic companies’ access to international financial markets and attracting long-term foreign investment. Talks with Nikhil Bhatnagar focused on accelerating privatisation in the banking and financial sector, improving the management of state assets and promoting Uzbekistan’s investment opportunities to international investors.
A separate meeting with Mark Laverghetta focused on the advanced processing of critical minerals and the introduction of cutting-edge technologies. The parties agreed to work on the development and launch of a joint pilot project.
The meetings covered a range of economic cooperation priorities, from workforce development and financial markets to industrial technologies and investment attraction.
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