Samarkand Set to Transform into Thriving Business Hub
Samarkand, The Gulf Observer: The Samarkand region’s administrative body, the Hokimiyat, convened to deliberate on the implementation of investment projects slated for 2024. The meeting, graced by the presence of the Minister of Foreign Affairs of the Republic of Uzbekistan, Bakhtiyor Saidov, served as a platform for in-depth discussions regarding the strategic initiatives and ventures earmarked for the upcoming year. The collaboration between regional authorities and the national leadership underscores a commitment to fostering economic development and ensuring the successful realization of key investment endeavors.
At the event, with the participation of senior officials of the regional hokimiyat and hokims of districts and cities, projects were reviewed based on agreements reached during foreign trips of leaders and visits of business delegations from foreign countries.
During the recent working visit of the regional delegation to China, an agreement was reached on implementing over 260 joint projects. The need for timely implementation of each project and creating the necessary conditions was emphasized.
Mr. Saidov noted that the region has the opportunity to turn Samarkand into a major business center, attract investment, and create modern enterprises, emphasizing the importance of effectively using the infrastructure of small industrial and free economic zones. Support was expressed for local governing bodies and entrepreneurs in establishing a dialogue with foreign companies and businesspeople and organizing joint business forums.
In turn, the Regional Hokim Erkinjon Turdimov emphasized the need to launch these projects in a short time, effectively use the region’s existing infrastructure, produce import-substituting and export products, employ the population, and increase the region’s economic potential. In this regard, the head of the region drew attention to the tasks facing those in charge.
