The Chinese Manufacturers' Association of Hong Kong has shown interest in New Tashkent

Chinese Manufacturers' Association of Hong Kong showed interest in New Tashkent

At the "New Tashkent" Directorate, First Deputy Minister of Investment, Industry and Trade of Uzbekistan Saidkahhor Kholkhodjaev held talks with a delegation from the Chinese Manufacturers' Association of Hong Kong (CMA), led by its President Wing-ko Lo.

The meeting was also attended by representatives of major Hong Kong companies and financial institutions operating in the fields of industry, trade, finance, and modern technology.

During the conversation, the foreign delegation was presented with the republic's investment potential, current tax and customs preferences, as well as state support mechanisms for foreign investors.

The parties paid special attention to the construction projects of New Tashkent, the formation of modern infrastructure, the erection of commercial facilities and service sector enterprises, as well as opportunities for localizing production within the territory of free economic zones.

The meeting participants discussed prospects for the development of industrial cooperation, establishing the production of high value-added products, introducing advanced technologies, and launching joint ventures. Following the talks, specific areas were identified for further elaboration of joint investment initiatives.