Results of TIIF-2023: contracts and agreements for 11 billion dollars signed

The Second Tashkent International Investment Forum was held in the capital on 27-28 April.

Uzbekistan has again become a point of attraction for leading investors, officials, heads of major companies and holdings, financiers and economic experts from all over the world.

This year TIIF-2023 brought together 2,5 thousand participants from 70 countries. By comparison, last year's ТIIF-2022 in Tashkent brought together 1.5 thousand guests from 50 countries. This suggests that the interest of the international financial and business community to Uzbekistan this year has increased and strengthened.

More than 30 events of various formats have been held on the sidelines of the forum. The experts had an opportunity to share views and experiences on various issues of global and regional economic and investment agenda. In particular, the focus was on the development of e-commerce, green economy, digital banking, investment potential of the regions, steps taken to industrialize the country and orient industry towards high value-added products, as well as transformation of corporate governance in companies with state participation, energy sector projects, water resource management and other relevant topics.

Such large-scale events help to establish and strengthen international relations, discuss business issues between specialists from different countries. It was repeatedly noted that Uzbekistan is an attractive investment site for international investors. This is due to the geographical location, resource potential, the state's openness to new projects and cooperation.

The meetings on the sidelines of the forum helped conclude major investment deals and trade contracts. If on the margins of the first forum were signed 105 documents totaling 7.8 billion dollars, this year during the TIIF-2023 the total amount of agreements and contracts has reached 11 billion dollars.

Thus, in terms of both importance, scope and figures of agreements, the Second Tashkent International Investment Forum has become an unprecedented event for our country.

To ensure timely and quality implementation of agreements, we have developed a "Road map" that defines the executors and deadlines for the implementation of each project.

The practical implementation of the signed documents will contribute to the development of infrastructure, improve the quality of life and socio-economic stability of the country.