British investors are welcoming economic reforms in Uzbekistan. This was announced at the international round table organized by Uzbekistan’s Embassy in London jointly with the Connect Real Estate Club, Dunyo reports. The event discussed the investments in the property and infrastructure of Uzbekistan and attracted spokesmen of EBRD, J.P.Morgan, Credit Suisse, the British Institute of International Trade and Export, a number of investment companies, and others.
The participants were informed about the ongoing economic reforms in Uzbekistan, first of all, the liberalization of the foreign exchange market, the reduction of taxes, legal guarantees to investors, the reliable protection of private property, and the development of entrepreneurship.
British investors welcomed the policy of the Government of Uzbekistan on the modernization of the economy and highlighted the significant potential in the context of the announced large-scale privatization and transformation of large public enterprises in the coming years.
Representatives of the Embassy, the Agency for Attracting Foreign Investment, as well as heads of private investment funds represented on the Uzbek market, including ‘The Abu Dhabi Uzbek Investment Fund’, made detailed presentations from the Uzbek side, ‘Uzbek-Oman Investment Company’, ‘Social Finance Advisors’, ‘Murad Buildings’, ‘Radisson Hotel Group’ and ‘N.O.P. Hospitality Consulting’.
During some sessions, participants exchanged views on the current status and prospects of the country in sectors such as tourism infrastructure, residential and commercial real estate, and retail trade.
Following the event, a group of British companies expressed their interest in implementing projects in the field of modernization of tourism infrastructure, retail, and commercial real estate and taking part in April in the II Tashkent International Investment Forum.