BAKU, Azerbaijan, June 3. A delegation from
Uzbekistan’s Fergana region held talks with executives of MBI
Selangor, one of Malaysia’s largest state-owned investment
corporations, as part of efforts to expand cooperation in
investment, technology and regional development, Trend reports via the
regional administration.
The meeting brought together Fergana Governor Khairullo Bozorov,
MBI Selangor Chief Executive Officer Saipolzan Yusup, and
representatives of several Malaysian companies operating in key
sectors of the economy.
During the discussions, Bozorov emphasized the steady
development of relations between Uzbekistan and Malaysia, noting
that growing ties between the two countries are creating new
opportunities for mutually beneficial cooperation. He said
practical engagements between regional authorities and businesses
play an important role in strengthening interregional
partnerships.
The sides explored opportunities for collaboration with MBI
Selangor in a range of sectors, including industry, construction,
information technology, artificial intelligence, finance, tourism
and energy.
Yusup presented an overview of MBI Selangor’s operations,
investment portfolio and major development projects. Established in
1994, MBI Selangor serves as the investment and asset management
arm of the Selangor state government and oversees a broad range of
economic initiatives through its subsidiaries. The corporation also
manages several major economic zones aimed at accelerating regional
development, attracting investment and creating jobs.
Representatives of several affiliated companies delivered
presentations during the meeting. KDEB Waste Management showcased
waste management solutions, Invest Selangor outlined investment and
financing opportunities, and SMARTSEL presented technologies
related to smart city development.
The Uzbek delegation also highlighted Fergana region’s economic
potential and investment opportunities. The parties agreed to
explore the adaptation of MBI Selangor’s development experience and
best practices in Uzbekistan.
As part of the discussions, the Fergana delegation received an
invitation to participate in an international business forum
scheduled to take place in Selangor later this year.
The meeting concluded with agreements to continue expanding
cooperation and to develop specific joint investment projects aimed
at strengthening economic ties between Fergana and Selangor.
