Tashkent – Uzbekistan (Agencies): The international business forum “Jizzakh – 2025” successfully took place in Zaamin district, Jizzakh region, marking a strategic step toward fostering global economic collaboration. Organized by the Ministry of Foreign Affairs of Uzbekistan in partnership with the Jizzakh regional government and other key economic institutions, the event aimed to showcase investment opportunities and strengthen international ties.

With participation from over 200 top executives from more than 30 partner countries, the forum featured discussions on key sectors such as agriculture, industry, tourism, and services. Presentations highlighted incentives for foreign investors, the promotion of local brands, and Uzbekistan’s expanding export capacity. Attendees also explored the scenic beauty and tourism potential of the Zaamin district.

Uzbekistan’s Minister of Investments, Industry, and Trade, Laziz Kudratov, underscored the country’s robust economic reforms over the past eight years, including currency liberalization, tax and customs restructuring, and enhanced support for private enterprise. He noted that foreign direct investment has surged tenfold, reaching $35 billion in 2024, with Uzbekistan maintaining an annual GDP growth rate of over 6%. The Minister emphasized Jizzakh’s strategic advantages, including its geographical location, resources, and skilled workforce.

A significant highlight was the participation of a Pakistani business delegation representing industries such as textiles, pharmaceuticals, garments, leather, match production, and chemicals. Delegates engaged in G2B and B2B meetings to explore collaborative ventures, leading to agreements on the export of semi-finished textile products and the establishment of joint garment production projects.

Additional discussions focused on launching a textile enterprise utilizing local wool and leather, exploring investment in eco-tourism and hospitality, and setting up pharmaceutical production units specializing in medicinal plants. Plans were also outlined for a modern refrigerated storage and logistics center to enhance the export capabilities of regional products.

With detailed presentations on Jizzakh’s investment climate, industrial zones, and incentives, the “Jizzakh – 2025” forum has set the stage for strengthened bilateral economic partnerships. The event reinforced Uzbekistan’s commitment to becoming an upper-middle-income country by 2030, with ambitious goals to double exports to $45 billion and expand its GDP to $200 billion.

By Admin

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