The President Shavkat Mirziyoyev, as part of his state visit to Singapore, met with the leaders of major companies and financial institutions.
The event was attended by Minister of Trade and Industry of Singapore Leng Si Tang, Chairman of the Singapore Business Federation Ming Yang Lim, CEOs of 15 companies such as Indorama, Meinhardt group, CPG Corporation, Changi Airports, Singapore Management Development Institute, TMC Academy, Virtus Health and others .
Shavkat Mirziyoyev commended the outcomes of the Uzbek-Singapore business forum held the day before, where nearly $5 billion worth of investment, trade and financial agreements were signed.
“This is evidence of a significant stepping up of our cooperation, this is an obvious success of the Uzbek-Singapore ties,” the president said.
Shavkat Mirziyoyev added that the potential of the partnership had not been tapped fully and the countries could significantly expand bilateral cooperation.
“For us, the advanced experience of Singaporean companies is of great interest. I am sure that the synergy of innovations and technologies of Singaporean partners with the resource and human potential of Uzbekistan will ensure the stable development of future joint projects,” he said.
He highlighted the most promising areas for long-term and mutually beneficial cooperation, including the participation of Singaporean companies in privatization processes in Uzbekistan, the development of urban and transport infrastructure, the implementation of joint projects in the chemical and textile industries, the green economy, education, healthcare and others.
He expressed his readiness to provide the Singaporean business with the necessary production infrastructure, broad support in the form of benefits and guaranteed purchases, as well as provide other assistance measures.
Shavkat Mirziyoyev stressed that "the Uzbekistan reforms were aimed at ensuring that his country was associated with foreign partners with reliability and stability." He called on Singaporean business to take advantage of the opportunities for beneficial cooperation and actively invest in the economy of Uzbekistan.
