Uzbekistan’s Minister of Investment and Industry, Laziz Kudratov, held talks with the Executive Director of Saudi Arabia’s Vision Invest company, Omar Al-Midani.
During the meeting, agreements were reached on the implementation of new investment initiatives in the areas of energy, infrastructure development, and telecommunications technologies, as well as the use of water resources.
The Saudi side reported that it had opened a regional office in Tashkent to effectively manage joint venture implementation.
Vision Invest is a company that owns projects in the areas of energy, water supply, construction, and transportation worth more than $50 billion.