BAKU, Azerbaijan, Dec. 3
By Fakhri Vakilov-Trend:
Uzbekistan’s Minister of Investment and Foreign Trade Sardor Umurzakov held talks with Managing Executive Officer at Japanese Sumitomo Corporation Tsumoto Akimoto and discussed the company's participation in projects to modernize and manage regional airports, Trend reports citing the Ministry’s press service.
“During the meeting, partnership opportunities were discussed in implementing a number of projects to modernize and manage regional airports, create industrial and transport and logistics infrastructure, and build solar, wind and thermal power plants,” read the message.
In addition, prospects for technical cooperation on the development of pre-project proposals (Pre-Front End Engineering Design projects) were considered.
The Ministry also stated that it is nearing the final stage to work out agreements providing for the participation of another Japanese company, Mitsubishi Corporation, in the implementation of a number of large projects in the energy and petrochemical sectors, including through public-private partnerships. In addition, they discussed prospects for attracting company resources for the implementation of new ambitious initiatives for the construction of railway and transport and logistics infrastructure.
In addition, Mitsubishi Heavy Industries is already participating in the construction of a high-tech production of ammonia and urea. A recent meeting of the ministry officials with the company’s management allowed to review a number of practical issues related to the implementation of the project, discuss possible solutions and work out an algorithm for further interaction.
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