TASHKENT, Uzbekistan, September 8. The American investment company Oppenheimer has expressed its intention to participate in financing three major projects in the Andijan region with a total value of $1.2 billion, Trend reports.
A contingent spearheaded by Shukhrat Abdurakhmanov, the Governor
of the Andijan region, engaged in strategic dialogues in Washington
with John Tonelli, the Managing Director of Oppenheimer. During
this high-level exchange, pivotal initiatives earmarked for
execution within the region were deliberated.
Among the strategic initiatives is the establishment of a $180
million textile industrial enclave, incorporating state-of-the-art
enterprises dedicated to the manufacturing and processing of
textile commodities. The delegation also introduced a $20 million
artificial lake initiative, strategically designed to reposition
Khanabad as a compelling tourist hub for both domestic stakeholders
and global travelers. Furthermore, an extensive metropolitan
enhancement initiative, dubbed “New Andijan,” encompassing a total
capitalization of $1 billion, was deliberated upon.
Subsequent to the negotiations, representatives from Oppenheimer
affirmed their preparedness to engage in the capital infusion for
these significant regional initiatives.
In recent fiscal periods, bilateral trade metrics between the two
nations have exhibited consistent upward trajectories. In the
fiscal year 2024, the trade turnover exhibited a robust increment
of 15 percent. The portfolio of synergistic collaborative
initiatives encompasses domains including civil aviation, strategic
mineral resources, electrical engineering, energy sector dynamics,
agronomy, digital transformation technologies, financial services,
innovation ecosystems, educational frameworks, and a multitude of
additional sectors.
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