Tashkent region expands cooperation with Japan
The delegation from Tashkent region, led by Hokim Zoyir Mirzayev, who is on a working visit to Japan, continues negotiations with businesspeople and potential investors.
A meeting took place with representatives of Phytophama, which specializes in manufacturing and sale of natural plant-based ingredients, dietary supplements, and cosmetic products.
The company’s cooperation with Uzbekistan began in 2012. By 2015, the Japanese side had purchased over 2,000 tons of licorice roots in Uzbekistan. In the following years, partnerships continued in the supply of licorice extract and powder from it.
During the negotiations, special attention was paid to the prospects of establishing an enterprise in Uzbekistan to manufacture licorice extract, with subsequent export of finished products to the markets of China and Japan. The parties also reviewed opportunities to introduce technologies for extracting and purifying beneficial compounds from local plant raw materials for use in phytopharmacology. The company representatives expressed interest in investment cooperation in solar energy, the use of biomass, and other alternative energy sources.
The prospects for developing industrial cooperation in Tashkent region, introducing advanced technologies, and implementing mutually beneficial investment projects were discussed at the meeting with Mutsuura Honten leadership. The parties proposed launching a pilot project on water purification and reuse at construction sites. The parties discussed the prospects of cooperation between the Japanese company and enterprises of Tashkent region for manufacturing automotive components. The regional hokimiyat expressed its readiness to assist in identifying potential partners and organizing practical negotiations between enterprises.
The parties agreed to further examine the presented initiatives and develop promising investment projects to enhance mutually beneficial cooperation.
A. Musayev, UzA
