BAKU, Azerbaijan, October 5. Uzbekistan and
Turkish company Nakkaş Holding discussed potential joint investment
projects in mining and geology, including geological exploration,
mineral resource development and the construction of modern
processing facilities during the talks held on Oct. 3 in
Tashkent.
This was reflected in the statement by the Ministry of Mining
Industry and Geology of Uzbekistan, following the meeting between
Uzbekistan’s Minister of Mining Industry and Geology B. Islamov and
a Nakkaş Holding delegation led by CEO M. Islamoglu.
The sides discussed opportunities for Nakkaş Holding to
participate in geological exploration at prospective areas in
Uzbekistan and contribute to expanding the country’s mineral
resource base.
Particular attention was also paid to developing modern mineral
processing facilities and involving industrial waste and mine
tailings in processing activities.
The discussions form part of Uzbekistan’s efforts to attract
international investment and modern technologies into the mining
and geological sector and to increase the processing of mineral
resources within the country.
The development of Uzbekistan’s geology and mining industry is
strategically important for expanding the country’s mineral
resource base, attracting foreign investment and increasing
domestic processing capacity. Greater geological exploration can
help identify new deposits, while modern mining and processing
technologies can support higher-value production, strengthen
industrial supply chains and improve the efficient use of mineral
resources.
