15/March/2023   Economic Diplomacy

British investors to visit Uzbekistan

LONDON, March 15. /“Dunyo” IA/. The Embassy of Uzbekistan in London, together with the Connect Real Estate Club agency, organized an international roundtable discussion on the “Investment in real estate and infrastructure in Uzbekistan”, reports “Dunyo” IA correspondent.

The event was attended by representatives of major investment banks such as the EBRD, J.P. Morgan, Credit Suisse, the British Institute of Export and International Trade, several investment companies, and others.

The participants were informed about the ongoing economic reforms in Uzbekistan, primarily the liberalization of the foreign exchange market, the reduction of taxes, legal guarantees for investors, reliable protection of private property and the development of entrepreneurship.

British investors welcomed the course taken by the Government of Uzbekistan to modernize sectors of the economy and highlighted the significant potential in the context of the announced large-scale privatization and transformation of large state-owned enterprises in the coming years.

At the sessions, participants exchanged views on the current state and prospects of the country in tourism infrastructure, residential and commercial real estate and retail.

Following the event, a group of British companies expressed their interest in implementing projects in the modernization of tourism infrastructure, retail and commercial real estate and taking part in the Second Tashkent International Investment Forum, in April.