Zuir Mirzaev, the Governor of Tashkent Oblast in Uzbekistan, led a government delegation to visit China and held an investment forum in Hangzhou. He discussed potential investment projects in Tashkent Oblast with representatives of several large Chinese manufacturing and industrial enterprises, and explored the possibility of using the region as a production base for markets in Central Asian countries. With the continuous deepening of the the Belt and Road cooperation, Uzbekistan is becoming a popular direction for domestic entities to layout outward by virtue of its demographic dividend, location hub and favorable policies.

Focus on localized production and technology introduction

The forum discussion covers multiple fields, including localized production of wear-resistant steel products, high-voltage cables, and optical communication products, as well as manufacturing of industrial gases and specialty gases. Both parties also discussed the cooperation of air separation equipment and the introduction of modern energy technology. The Tashkent Oblast government stated that it is willing to expand pragmatic cooperation with Chinese enterprises, promote the localization of modern technology, and create new production capacity for domestic and regional markets. In recent years, Uzbekistan has pushed industrialization reform into the deep water zone, leveraging the location dividend at the crossroads of Central Asia to systematically leverage foreign investment to establish factories. Tashkent Oblast, the capital economic circle, is at the forefront of this investment promotion offensive. Keywords: the Belt and Road news network, enterprise going to sea, international cooperation, manufacturing base

Multiple cooperation agreements have been implemented

The Tashkent regional government stated that multiple cooperation agreements had been signed with relevant enterprises at the end of the forum. These agreements are expected to support the implementation of new investment projects in Tashkent Oblast, expand local production capacity, and enhance the export potential of the region. This forum is part of the broader business activities of the Tashkent Oblast delegation towards China, aimed at establishing direct contacts with Chinese enterprises and exploring new opportunities for investment and industrial cooperation. From a long-term trend perspective, more and more domestic equipment manufacturing and new material companies are starting to prioritize Central Asia as their overseas production capacity layout. The signing of the contract in Tashkent Oblast is just another microcosm of China's manufacturing industry landing in Uzbekistan.Editor/Gao Xue