British company Sackers has expressed its interest in collaborating with Uzbekistan in the field of metal processing, Dunyo reports. Talks were conducted with David Dodds, the director of Sackers, at the Embassy of Uzbekistan, focusing on potential investments in establishing an enterprise for the processing of non-ferrous and rare metals, with the aim of exporting these goods to the British market.
Exploring Investment Opportunities
During the conversation, the issue of attracting Sackers as an investor to Uzbekistan for metal processing and export purposes was discussed. The British side conveyed its readiness to engage in targeted negotiations with Uzbekistan regarding the implementation of an investment project in this domain. It was mutually agreed to further develop this initiative in collaboration with relevant ministries and agencies of Uzbekistan.
About Sackers
Founded in 1929, Sackers is a renowned organization in the metal processing industry. The company boasts an annual turnover of £35mn. Sackers specializes in the import and processing of various ferrous and non-ferrous metals, including aluminum, copper, lead, stainless steel, electronics, cables, and wires.
The potential collaboration between Sackers and Uzbekistan signifies a significant opportunity for both parties to leverage their respective strengths in metal processing and trade. If materialized, this partnership could facilitate the establishment of a robust enterprise in Uzbekistan, contributing to the country's industrial development and export diversification strategies.
Earlier, it was reported that in a move towards addressing climate change challenges in Central Asia, Minister of Water Resources and Irrigation, Nurzhan Nurzhigitov, convened with a delegation from the United Kingdom, headed by Ambassador Kathy Leach, to discuss cooperative efforts aimed at bolstering the water industry in Kazakhstan.
Follow Daryo's official Instagram and Twitter pages to keep current on world news.
Comments (0)