The largest companies from the UAE will visit the forum in Tashkent

The first Tashkent International Investment Forum will be held in the Republic of Uzbekistan on March 5 and 6, 2020. According to the Consulate General of Uzbekistan in Dubai and the Northern Emirates, the UAE will be represented at the forum by major companies and investment groups, such as Masdar, Mubadala, Eagle Hills, etc.

As Alisher Salomov, Consul General of the Republic of Uzbekistan in Dubai and the Northern Emirates, noted in an interview with Business Emirates, the holding of such a solid and significant event is an indicator of Uzbekistan’s openness to the world, the dynamic development of its economy, as well as increasing attractiveness for international investors.

It should be noted that in recent years, the investment climate in Uzbekistan has improved significantly: the legislative framework has been updated, legal guarantees for investors have been strengthened. In 2019, the influx of investments significantly increased: for example, the volume of foreign direct investment amounted to US $ 4.2 billion, which is 3.7 times more than a year earlier.

As the president of the republic, Shavkat Mirziyoyev, noted, an active investment policy will be consistently continued in order to develop the economy at a fast pace, a significant part of the investments assimilated in 2020 will be foreign direct investment and loans.

In particular, in 2020 it is planned to attract US $ 5.8 billion of foreign direct investment in the country's economy. To this end, the Tashkent International Investment Forum will be held in March. The main goal of the forum is to attract foreign direct investment in the driver sectors of the economy - energy, engineering, electrical engineering, information technology, textile industry, agriculture and food industry, construction industry, as well as in the regions of the country.