Pakistani Company Plans to Participate in the Development of Social and Road Transport Infrastructure in New Tashkent

Uzbekistan’s Ambassador Alisher Tukhtaev received Abdul Qadir, founder of Pakistan’s construction company “Metrocon”.

The meeting was organized to ensure the implementation of the tasks set during an open dialogue with investors and entrepreneurs, chaired by the President of Uzbekistan, on accelerating the construction of New Tashkent City. It also aimed to attract foreign investment to this major urban development project and expand international cooperation.

During the meeting, Ambassador Alisher Tukhtaev spoke about the large-scale economic reforms being implemented in Uzbekistan in recent years, efforts to improve the investment climate, favourable conditions being created for foreign investors, and promising investment opportunities in the construction and infrastructure sectors. Particular attention was paid to the strategic importance of the New Tashkent City development project, its scale, key areas of development, and the new opportunities it offers to foreign companies.

The parties also discussed the opportunities and incentive measures available to companies participating in the implementation of this megaproject, mechanisms for allocating land plots, procedures for implementing investment projects, and terms of cooperation.

The head of “Metrocon” was invited to consider implementing investment projects within the framework of New Tashkent City’s construction in such areas as building roads and bridges, developing modern transport infrastructure, constructing water supply and wastewater systems, and developing residential complexes, hotels, as well as retail and commercial facilities.

The Pakistani representative, in turn, highly appreciated the rapid development of Uzbekistan’s urban planning and construction sectors, the construction of modern infrastructure facilities, and the extensive opportunities being created for foreign investors.

“We are genuinely very interested in participating in such a large-scale and strategically important project as the construction of New Tashkent City,” said Abdul Qadir. “Our company intends to thoroughly explore the opportunities for cooperation in this area and submit specific investment and practical proposals to the Uzbek side.”

Following the negotiations, the parties agreed to thoroughly explore promising areas of cooperation, organize a visit to Uzbekistan by a delegation from “Metrocon”, and arrange meetings during the visit with the leadership of the relevant ministries and agencies of Uzbekistan, as well as the management of the New Tashkent City Construction Directorate.