TASHKENT, Uzbekistan, December 17. China’s ZTT
Group has expressed interest in implementing an investment project
within Uzbekistan's Navoiy Free Economic Zone (FEZ), Trend reports via the Uzbek
Ministry of Investments, Industry, and Trade.
The intention was articulated during a meeting between
Uzbekistan’s Deputy Minister of Investments, Industry, and Trade,
Ilzat Kasimov, and a delegation from ZTT Group.
During the discussions, a comprehensive presentation was made,
highlighting the investment opportunities offered by the Navoiy
Free Economic Zone (FEZ). The Chinese delegation was briefed on the
zone’s strategic geographical location, the availability of fully
developed engineering and utility infrastructure, the conducive
environment for industrial facility placement, and the investor
support mechanisms operating under the “single window”
principle.
Furthermore, the delegation received in-depth insights into
Uzbekistan’s broader investment climate, including existing
government initiatives and support measures, alongside an overview
of the current tax and customs incentives available to foreign
investors. Special attention was given to the favorable conditions
fostered for industrial localization and the successful
implementation of large-scale infrastructure projects within the
country.
The parties reached a consensus to identify priority areas for
collaboration and to further refine the technical and economic
parameters of a prospective investment initiative.
ZTT Group is a Chinese company specializing in energy and
telecommunications infrastructure, including the production of
high- and ultra-high-voltage cables, fiber-optic products, and
integrated energy solutions.
