News

The President of Uzbekistan emphasized the prospects of expanding investment cooperation with Saudi Arabia.

A number of popular online publications in Saudi Arabia have published articles dedicated to the participation of President Shavkat Mirziyoyev in the Arab-Islamic summit, reports the correspondent of the news agency "Dunyo".

The publication "An Nahar" notes that, within the framework of the summit, the leader of our country met with the Saudi Minister of Investment, Khalid al-Falih.

The meeting discussed issues related to further expanding practical cooperation on the implementation of priority investment projects in Uzbekistan, in the context of high-level agreements.

It was noted that there was deep satisfaction with the dynamic development of multilateral Uzbek-Saudi cooperation in recent years.

The article mentions that by the end of this year, investments worth $2.5 billion from Saudi companies may be attracted to Uzbekistan.

The article highlights the importance of promoting promising projects in areas such as "green energy", healthcare, modernization of transport infrastructure, heating and water supply, agriculture, and public utilities.

It also emphasizes the need for thorough preparation for the upcoming meeting of the Joint Intergovernmental Committee in Tashkent.

Another publication, "Nabd al Hadas", published an article about the meeting between the President of Uzbekistan and the Saudi Minister of Energy, Prince Abdulaziz bin Salman Al Saud.

The article notes that the meeting focused on joint investment projects and further expanding practical cooperation in the field of "green" energy.

The President expressed great satisfaction with the successful cooperation with the leading company "ACWA Power", which is actively involved in the modernization of Uzbekistan's energy sector, using direct investments and advanced technologies.

The article emphasizes that special attention was given to the construction of wind and solar power plants in Uzbekistan and the acceleration of projects for the production of "green" hydrogen.

"The parties agreed to involve Saudi companies and consultants in the processes of localization and increasing energy efficiency of enterprises in Uzbekistan," the publication concludes.