TASHKENT, Uzbekistan, January 19. Uzbekistan
and Egypt’s Mansour Automotive Group discussed opportunities to
expand investment cooperation and industrial collaboration, with a
particular focus on the automotive sector, Trend reports via the
Ministry of Investment, Industry, and Trade of Uzbekistan.
The issue was discussed during a meeting between Uzbekistan’s
Minister of Investment, Industry, and Trade, Laziz Kudratov, and
Ankush Arora, Chief Executive Officer of Mansour Automotive
Group.
The parties exchanged views on current market conditions and
explored Uzbekistan’s potential as a platform for establishing
advanced manufacturing facilities aimed at both the domestic market
and export destinations. During the talks, the importance of the
country’s favorable investment climate and the availability of
state support mechanisms for foreign investors were
underscored.
Special attention was given to prospects for localization,
technological modernization, and the development of long-term
production value chains in the automotive industry.
Uzbekistan engages in extensive investment cooperation through
Bilateral Investment Treaties (BITs) with over 50 countries,
including significant partners such as Russia, China, Türkiye, and
South Korea, with new agreements with Italy and India indicating a
trend towards expanding global partnerships. Key investors include
Russia, China, Turkey, Kazakhstan, and South Korea, leading in the
number of foreign enterprises.
Uzbekistan's regional integration is supported by its membership
in the CIS Free Trade Zone and status as an observer in the
Eurasian Economic Union (EAEU), while it collaborates with
international financial institutions for major projects. Investment
focus areas include energy, transport, agriculture, green energy,
the digital economy, and infrastructure.
Mansour Automotive Group is an Egyptian and regional automotive
distributor founded in 1975, operating across several markets in
the Middle East and Africa.
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