Uzbekistan draws Japanese investments
A package of investment, loan agreements and technical
assistance projects worth $3.8 billion was signed in Tokyo
following the 12th meeting of the Uzbek-Japanese Committee on
Economic Cooperation on January 26-28, the Uzbek foreign ministry
said.
The Japanese investments and loans are drawn for the projects of
such areas as electric power, oil and gas, chemical, textile,
electro-technical, telecommunications, tourism, transport
infrastructure.
The leading areas of Uzbekistan’s economy were presented during the
committee meeting. Over 200 representatives of Japanese companies,
banks and governmental agencies attended the meeting, the statement
reads.
In their speeches, Japanese finance minister, foreign minister,
economy minister, minister of trade and industry stressed that the
Japanese government will actively and consistently support the
efforts of Japanese companies and financial institutions to expand
and to develop the trade-economic, investment and financial
cooperation with Uzbekistan.
Shinzo Abe, Japanese Prime Minister received an Uzbek delegation
headed by Rustam Azimov, First Deputy Prime Minister and Finance
Minister. A personal message from Uzbek President Islam Karimov was
delivered to Abe.
As part of the visit to Japan, the Uzbek delegation also held the
talks with Deputy Prime Minister and Finance Minister Taro Aso,
Minister of Economy, Trade and Industry Yoichi Miyazawa, chairman
of the Bank of Japan Haruhiko Kuroda, management of the Japan
International Cooperation Agency (JICA), Japan Bank for
International Cooperation (JBIC), state agencies, leading Japanese
companies and banks.
The amount of Japanese investments in Uzbekistan's economy exceeds
$ 2.3 billion. Japan is investing in the projects in such areas as
railway transport, oil and gas, power engineering, mining,
motor-car construction, telecommunications, electronics,
textile.
The representative offices of such big Japanese corporations as
"Mitsui", "Mitsubishi", "Itochu", "Marubeni" are open in
Uzbekistan.
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