High-Level Delegation from Ferghana Region Cultivates Investment Ties in Kuwait
Kuwait, The Gulf Observer: A delegation from the Ferghana region, led by Khokim Khayrullo Bazarov, is currently on a diplomatic mission in Kuwait, where they engaged in pivotal discussions aimed at fostering economic collaboration between the two nations. The rendezvous, as reported by media, transpired with representatives from Kuwaiti media outlets and the esteemed commercial real estate entity AL-TIJARIA of the Marafie Group holding.
The venue for this significant encounter was the Embassy of Uzbekistan in Kuwait, graced by the presence of Ambassador Ayubkhon Yunusov.
Marafie Group Holding, a conglomerate steeped in a legacy of excellence since its inception in 1919, boasts an extensive portfolio spanning trade, manufacturing, design, real estate, construction, hospitality, electronics, and various other sectors. With a network comprising 30 entities and operational units, the conglomerate harnesses the expertise of over 1,500 specialists. Notably, Marafie Group’s indelible mark on global infrastructure was immortalized in the Guinness Book of World Records in 2002 for the construction of Al-Hashemi II, the world’s largest exhibition edifice. Moreover, its sterling reputation garnered recognition from Forbes as one of the premier private Arab enterprises.
Conversely, AL-TIJARIA – The Commercial Real Estate Co., established in 1968, stands as a titan in Kuwait’s real estate landscape, distinguished by its formidable capital base. The company specializes in commercial real estate investments spanning Kuwait, the Arab world, and international markets.
During the rendezvous, representatives from AL-TIJARIA expressed their eagerness to invest in diverse projects within Uzbekistan, particularly emphasizing initiatives such as apple plantation establishment, natural apple juice production, and the facilitation of product exportation to foreign markets, including Kuwait.
Media stalwarts from Kuwait, including the electronic publication “Q8Press” and the newspapers “Al-Ray” and “Times Kuwait,” seized the opportunity to delve into inquiries pertaining to trade, economic dynamics, and investment prospects within the Ferghana region, receiving comprehensive insights.
Concluding the discourse on fortifying trade, economic, and investment entente, Kuwaiti entrepreneurs were cordially invited to embark on a visit to the Ferghana region, signifying a mutual commitment to fostering enduring partnerships and mutual prosperity between Uzbekistan and Kuwait.
