The Ministry of Investment and Foreign Trade of the Republic of Uzbekistan (MIFT) held a meeting with the leadership of a large Singaporean construction company "Western International New Building Materials".
According to MIFT, Singaporean investors plan to implement a project in the field of production of building materials in Uzbekistan.
A discussion was held on the prospects for establishing investment activities of a Singapore company in the production of construction materials in Uzbekistan. In particular, it was mentioned that the company is currently considering the possibility of implementing a project to organize the production of clinker cement.
The Uzbek side noted that special attention is paid to the development of the production of building materials in Uzbekistan, as one of the drivers of economic growth, in view of which there are all necessary prerequisites for the successful implementation of the project of the Singapore company.Following the meeting, the parties agreed to establish close cooperation in order to accelerate the progress of the project and promptly resolve emerging issues.