Economy
05/08/2025
Tashkent Invest and SUMEC Sign Agreement to Strengthen Cooperation
Tashkent, Uzbekistan (UzDaily.com) — Tashkent Invest JSC and SUMEC International Technology & Trade Co., Ltd. have signed a cooperation agreement aimed at boosting trade and economic partnership between Uzbekistan and China.
The parties also agreed to promote the investment potential of the Yangi Avlod Special Industrial Zone, with a total value of US$100 million.
These agreements were reached during a meeting with the Chairman of the Board of SUMEC.
During the talks, the sides discussed prospects for trade and economic cooperation, including the financing of investment projects worth at least US$1 million through the creation of a dedicated investment platform.
They also considered issues related to the construction of commercial buildings and infrastructure facilities, the implementation of joint projects for the development of industrial zones using SUMEC technologies, as well as the modernization of energy and transport infrastructure.
Special attention was given to preparations for the Uzbekistan-China Joint Business Forum, scheduled for the fourth quarter of 2025.
As part of the meeting, Tashkent Invest JSC and SUMEC International Technology & Trade Co., Ltd. signed a cooperation agreement.
The document provides for the mobilization of financial resources to support investment projects within the Small Industrial Zones of Tashkent.
Both parties emphasized that the agreements will lay the foundation for further development of joint public and private sector projects aimed at expanding trade relations between Uzbekistan and China.
