At the moment when the cooperation letter was officially submitted in the conference room, the Chairman of CICC Guantai knew that an industrial layout spanning thousands of kilometers had already begun. Previously, the team spent several months traveling to major resource areas and industrial parks in Uzbekistan, completing comprehensive field research. Now, with the strategic intention finalized with the Consulate General of Uzbekistan, this Chinese diversified investment group has officially incorporated the core nodes of Central Asia into its global industrial map.

Three sectors locked in over 3.5 billion US dollars

According to the plan finalized at the meeting, the investment funds for this round are very clear: the green energy sector will invest 1 billion US dollars, the mining sector will invest 2 billion US dollars, and the infrastructure and cultural tourism sector will invest 300 million to 500 million US dollars, with a total investment of over 3.5 billion US dollars. Zhongjin Guantai will rely on mature Chinese technology to develop wind and photovoltaic power stations, supporting power grid projects, and coal infrastructure upgrading projects in Ukraine; In terms of mining, we will collaborate with leading domestic mining companies to establish a global mineral fund with a scale of billions of RMB, focusing on the development of strategic minerals such as gold and copper. After the meeting, both sides confirmed that a high-level delegation of Chinese experts will visit Uzbekistan again in July this year to carry out project site selection and landing docking.

Uzbekistan opens investment window

In recent years, Uzbekistan has vigorously promoted the transformation of its energy structure and the commercial development of mineral resources, while simultaneously improving roads, industrial parks, and tourism supporting facilities. The demand for foreign investment has shifted from simple capital introduction to dual empowerment of capital and technology. The country's reserves of gold, copper, uranium and other minerals rank among the top in the world, and its abundant sunshine resources make it a great potential for new energy development. In addition, its hub location connecting Central Asia and West Asia makes it the preferred node for Chinese investment to layout in Central Asia. As Ukraine continues to relax foreign investment access and simplify approval processes, energy, non-ferrous minerals, and infrastructure have become the mainstream tracks of bilateral cooperation between China and Ukraine, and cross-border industrial investment is entering a rare window period.

Chinese Enterprises Deeply Cultivate Central Asia Industry New Version Map

As a local diversified industrial investment group with business coverage in the Americas, Southeast Asia, the Middle East, and Eastern Europe, Zhongjin Guantai has adopted a layered approach of energy and mineral dual core, supporting infrastructure, culture, and tourism, which not only meets the urgent needs of Uzbekistan's industrial upgrading, but also avoids the risk of single project concentration. By deeply binding local advantageous resources and introducing domestic technology and standards, enterprises hope to build a long-term stable bilateral industrial cooperation mechanism. Under the background of the continuous deepening of the the Belt and Road Initiative, this kind of investment model based on industry and coordinated in many fields is gradually becoming the new normal for Chinese investors to explore the Central Asian market.Editor/Yang Meiling