BAKU, Azerbaijan, August 13. Uzbekistan and major Chinese companies discussed prospects for launching joint investment projects in mining, chemical production, agriculture and food processing.
This was reflected in the statement by the Uzbek Ministry of Investment, Industry and Trade following a meeting between Deputy Minister Ilzat Kasimov and executives representing Sichuan Hebang Investment Group, China Feihe Limited, YEMA Group, Zhejiang ZHINK Group and Beijing Century Beking Furniture on August 12 in Tashkent.
The Chinese companies operate across a range of industries, including mining and chemicals, agriculture and livestock, dairy and food production, PET materials, textiles and furniture manufacturing.
During the meeting, the Uzbek side presented China’s business community with information on Uzbekistan’s investment potential, including opportunities available for foreign investors across priority sectors.
The sides discussed potential joint projects covering the development of mineral deposits, deep processing of mineral resources and chemical production. The agenda also included plans to establish facilities producing powdered milk and other dairy products.
“Following the meeting, the parties agreed to continue joint work with relevant ministries and agencies to further develop promising projects and advance them toward practical implementation,” Uzbekistan’s Ministry of Investment, Industry and Trade said.
The discussions reflect Uzbekistan’s broader efforts to attract Chinese investment into projects that go beyond the extraction of raw materials and instead focus on deeper processing and higher-value industrial production.
Expanding cooperation with Chinese companies across mining, chemicals, agriculture and food processing could help Uzbekistan diversify its industrial base while strengthening local production capacity and creating new opportunities for technology transfer and investment.
The sides agreed to maintain cooperation and work with relevant government agencies to refine the proposed projects, assess their implementation prospects, and move selected initiatives toward the practical stage.
