President of Azerbaijan Ilham Aliyev, accompanied by the President of Uzbekistan, got acquainted with the operations of the Technopark in Tashkent.
During the negotiations at the Kuksaroy Residence, the main attention was paid to enhancing the industrial cooperation between the two countries. The free economic zones and technoparks are a favorable platform for this in Uzbekistan.
The Technopark hosts 17 projects for $365 million in Tashkent. To date, 13 projects have been completed, within which the production of electronic gas meters, refrigerators, industrial air conditioners and cooling systems, elevators and escalators, water pumps, accessories for doors and windows have been launched. These products are strengthening their positions in the regional markets, as they are produced under the control of foreign brands.
The companies for the production of insulating products, water heating equipment, kitchen appliances, as well as a logistics center will be put into operation this year.
The President of Azerbaijan and the guests were informed about the advantages of the products manufactured here.
The Presidents have instructed the relevant agencies of the two countries to develop the joint projects, take measures to enhance the industrial cooperation and trade.