BAKU, Azerbaijan, June 16. Uzbek President
Shavkat Mirziyoyev met with Eduardo Menezes, Chief Executive
Officer of U.S.-based Air Products, on the sidelines of the
Tashkent International Investment Forum to discuss expanding the
company's investment projects in Uzbekistan.
This was announced by the press service of the President of
Uzbekistan in a press-release published on June 16.
The talks focused on strengthening cooperation with Air
Products, which has become one of the leading foreign investors in
Uzbekistan's industrial sector through the development of high-tech
production facilities.
According to the Uzbek government, Air Products' total
investment commitments in the country have surpassed $1 billion.
The company has completed several major projects, including
industrial gas processing facilities at Uzbekistan GTL, a hydrogen
production project at the Fergana Oil Refinery, and a liquid carbon
dioxide production facility at Navoiazot.
Air Products has also supported educational initiatives in the
cities of Tashkent and Karshi as part of its engagement in the
country.
Following the meeting, the parties agreed to accelerate the
implementation of new joint projects under a mutually agreed
roadmap aimed at expanding the company's presence in
Uzbekistan.
Air Products is among the world's largest producers and
suppliers of industrial gases, with a market capitalization
exceeding $60 billion. The company produces around 200 million tons
of industrial gases annually in more than 50 countries and operates
a global network of approximately 750 production facilities.
