TASHKENT, Uzbekistan, May 14. ITOCHU and JOGMEC
discussed opportunities to accelerate ongoing projects in
geological exploration in Uzbekistan through investment, Trend reports via the press
service of the Uzbek government.
The discussions were held during a meeting between
representatives of the Ministry of Mining Industry and Geology of
Uzbekistan, led by Minister Bobir Islamov, and Japanese companies
ITOCHU and JOGMEC.
The Japanese side emphasized proposals aimed at improving the
efficiency of exploration activities and expanding investment
participation in Uzbekistan’s mining sector, highlighting the
strategic importance of bilateral cooperation.
Particular attention was paid to the introduction of new
technologies in geological exploration in Uzbekistan.
ITOCHU Corporation is one of Japan's largest sogo shosha
(general trading and investment companies). Tracing its roots back
to 1858, the conglomerate manages global import, export, and
business investments across diverse sectors, including textiles,
machinery, metals, food, energy, and ICT.
JOGMEC (Japan Organization for Metals and Energy Security) is a
Japanese state-owned agency based in Tokyo. Established in 2004, it
secures stable supplies of oil, natural gas, metals, and critical
minerals for Japan while supporting Japanese companies in
international resource exploration, development, and environmental
protection.
