TASHKENT, Uzbekistan, August 22. Azerbaijani company Gold Fresh Fruit is launching the second phase of its intensive fruit orchard project in Uzbekistan’s Namangan region, Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov said at the fourth Uzbekistan-Azerbaijan Regional Forum in Tashkent, Trend's special correspondent reports.
According to Kudratov, Gold Fresh Fruit, backed by Azerbaijani capital, is already implementing a project to develop intensive fruit orchards in Namangan.
“The second phase of the project is starting these days on an area of 700 hectares, including the development of logistics and cold storage infrastructure,” Kudratov said.
The minister noted that cooperation between the regions of Uzbekistan and Azerbaijan has significant potential in the food and agribusiness sectors.
In particular, Syrdarya region and Fuzuli, as well as Kashkadarya region and Beylagan, could focus on horticulture, deep processing of agricultural products and the production of finished food products.
The fourth Uzbekistan-Azerbaijan Regional Forum focuses on expanding interregional economic cooperation and implementing joint investment and trade projects. The forum is being held in Tashkent and aims to further develop direct ties between the regions of the two countries and expand cooperation in investment, industry and trade.
