At the initiative of the Embassy of Uzbekistan in the United Arab Emirates and the Ministry of Economy and Finance, the Uzbekistan delegation consisting of representatives of ministries and agencies visited Abu Dhabi and Dubai.

The visit was organized to hold a Road Show events to attract UAE investors to privatization processes and public-private partnership projects in Uzbekistan.

During the visit, about 20 bilateral negotiations were held with large private companies of the UAE (Al Ghurair Investment, RKH Investment Holdings, AlNowais Investments, MBS Global) and sovereign funds (ADQ, ADFD, Mubadala Investment Company). Presentations of 63 projects worth over $30 billion and 21 objects proposed for privatization in priority sectors based on public-private partnerships were held.

The visit also highlighted the practical aspects of large-scale reforms in Uzbekistan. These reforms are aimed at improving the investment environment, reducing the tax burden, easing customs duties, and protecting investors’ rights. 

During the visit, the delegation members had fruitful meetings with the UAE Minister of Energy and Infrastructure, the leadership of the Ministry of Investment, and the heads of the Abu Dhabi and Dubai Chambers of Commerce and Industry.

Representatives of UAE companies expressed interest in participating in privatization processes in the energy, waste management, education, utilities, drinking water supply, healthcare, and airport management sectors, as well as in public-private partnership projects.

UzA