Minister of Investment, Industry and Trade held a meeting with Chief Executive Officer of the Egyptian company Nile Sugar

On 23 January, the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, held a meeting with Emad Farid, Chief Executive Officer of the Egyptian company Nile Sugar, the press service of the Ministry reports.

During the meeting, the parties discussed the current state and prospects for expanding bilateral cooperation. It was noted that, within the framework of engagement with international investors, including Nile Sugar, projects are being elaborated aimed at developing processing industries and related infrastructure in the Republic of Uzbekistan.

Following the talks, a Minutes of discussion was signed, confirming the parties’ readiness to continue coordinated efforts in the preparation and implementation of joint projects. The document provides for further elaboration of project parameters, financing terms, and the coordination of subsequent steps to expand practical cooperation in priority areas of development.

The implementation of the agreements reached will enable the transition to a practical phase of cooperation with Nile Sugar, ensure the phased preparation and launch of joint projects, as well as the attraction of advanced agro-industrial and processing technologies with subsequent localization of production.