Uzbekistan and China have signed a variety of commerce contracts and agreements for the implementation of joint funding tasks, Trend experiences.
The doc was signed inside the framework of the Uzbek-Chinese enterprise discussion board held in Tashkent, aimed toward selling and supporting enterprise communication and the event of funding and commerce potential between the 2 nations.
During the discussion board, attendees have been introduced with a variety of undertaking proposals and collaborative initiatives spanning a large vary of fields, which supplied a complete overview of potential joint ventures and cooperation alternatives.
Forum members engaged in in-depth discussions relating to upcoming collaboration prospects by each business-to-business (B2B) and government-to-business (G2B) negotiations, fostering a platform for detailed exploration of potential partnerships and shared endeavors.
China stays some of the trusted companion for Uzbekistan in a variety of areas, together with the vitality sector.
Earlier this month, Uzbekistan’s Uzbekhydroenergo JSC vitality firm and China Southern Power Grid, specializing within the development and operation of energy grids, signed an settlement on the joint improvement of the hydroelectric energy plant development undertaking.
The hydroelectric energy plant will likely be constructed within the Bostanlyk district of Uzbekistan’s Tashkent area. The value of the undertaking is estimated at $1 billion.
Moreover, China allotted a grant within the quantity of $28 million for the development of the Charvak wind farm within the Bostanlyk district of Uzbekistan’s Tashkent area.
Within the framework of this undertaking, Uzbekhydroenergo JSC Energy Company plans to construct 4 wind energy vegetation with a capability of 5 MW every with the implementation of recent era applied sciences on the expense of a Chinese grant.