New Areas of Cooperation Discussed with Japanese Companies

During the meeting, the parties discussed expanding investment cooperation in the Fergana Region, introducing advanced Japanese technologies, and implementing new promising projects.

The discussions highlighted the steady development of the strategic partnership between Uzbekistan and Japan in recent years, with mutually beneficial cooperation reaching a new level. It was also noted that interest in the Fergana Region among Japanese business circles continues to grow and that the region offers significant opportunities for implementing joint projects and strengthening investment ties.

The Japanese guests stated that the main purpose of their visit was to gain firsthand insight into the operations of Ferganaazot JSC and the Fergana Oil Refinery, hold negotiations with the management of these enterprises, and explore opportunities for implementing new joint investment projects. They also put forward several proposals aimed at further developing the enterprises, introducing modern technologies into production processes, and establishing mutually beneficial cooperation.

The Governor emphasized that these two major industrial enterprises play an important role in the regional economy. He noted the significance of investment initiatives aimed at further enhancing their production capacity, modernizing their facilities, and introducing advanced technologies. He also affirmed that the regional administration would provide comprehensive practical assistance in implementing promising projects and support the proposed initiatives.

At the conclusion of the meeting, the parties agreed to continue developing their cooperation, formulate new investment projects, and strengthen mutual ties to facilitate their implementation.