Uzbek President Discusses New Energy Projects with Foreign Investors

President Shavkat Mirziyoyev discussed the implementation of investment projects with companies from Saudi Arabia, Türkiye, the UAE, Azerbaijan and the United Kingdom. At a meeting with Mohammad Abunayyan, chairman of the board of Saudi company ACWA, the sides addressed expanding cooperation and accelerating joint projects. It was noted that Saudi companies are actively investing in Uzbekistan, particularly in green energy, infrastructure and high technology.

Mirziyoyev also met Mehmet Cengiz, chairman of Turkish company Cengiz Holding, to discuss cooperation in energy, geology and infrastructure, including prospects for building thermal power plants and modernising distribution electricity networks. Trade growth between Uzbekistan and Turkey was noted. He also received Rovshan Najaf, president of Azerbaijan's SOCAR, and Giovanni Cristofoli, senior vice president of British Petroleum, to discuss developing hydrocarbon fields on the Ustyurt plateau, including BP's participation.

Talks with Masdar and AMEA Power executives Mohammad Jamil Al Ramahi and Hussein Al Nowais highlighted a dynamic strategic partnership with the UAE, where mutual trade has risen 40% since the start of the year. The sides agreed to accelerate and expand projects in renewable energy, infrastructure, industrial cooperation, tourism and services.