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President of Uzbekistan underlines the importance of further diversification of investment cooperation with the UAE

14.01.2025

On January 14, within the framework of the visit agenda in Abu Dhabi President of the Republic of Uzbekistan Shavkat Mirziyoyev met with a delegation of leading companies of the United Arab Emirates headed by the UAE's Minister of Investment, Chief Executive Officer of “ADQ” holding Mohamed Hassan Alsuwaidi.

The meeting was attended by the heads of AD Ports Group Mohamed Juma Al Shamisi, Tadweer Ali Al Dhaheri, Plenary Group Moustafa Fahour and DUCAB Mohammed Al Qurashi.

These companies are among the world leaders in their respective industries with total assets exceeding $200 billion.

Opportunities to expand practical cooperation and increase investment portfolio in high-tech industries were discussed. 

The intensively developing partnership with the UAE in various economic aspects was noted with great satisfaction. Joint measures are taken to promote investments, development of industry and advanced technologies.

Further steps have been outlined to expand mutually beneficial cooperation with each company. These include joint projects in the areas of infrastructure development, urban planning, energy, transportation and logistics, mining, electrical engineering, public utilities and others. 

Agreements were reached to accelerate implementation of projects on introducing innovative technologies, developing rare-earth metal deposits, developing regional railroads and creating “dry” ports, producing cable products, promoting PPP projects in the field of education and medicine.

At the end of the meeting it was agreed to adopt a roadmap for all areas of practical cooperation.
 

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