On 14 December this year, the Republican Intersectoral Industrial Fair, organized by the Ministry of Investment and Foreign Trade of the Republic of Uzbekistan jointly with the Tashkent City Khokimiyat and the Center for the Electronic Cooperation Portal, began its work at the Uzexpocentre National Exhibition Center.
Deputy Prime Minister – Minister of Investments and Foreign Trade Sardor Umurzakov made a speech at the opening ceremony.
“Events of such a large-scale nature contribute to the development of cooperation relations between large and regional enterprises, but also serve as a kind of unique free trade platform for providing participants with information about products, concluding new contracts and planning promising joint projects,” said Sardor Umurzakov.
In total, 3,185 local manufacturers take part in the Republican Intersectoral Industrial Fair with 5,169 types of products.
The fair was organized at a high level, providing for a rich business program of the event, ensuring efficiency, meaning attracting domestic entrepreneurs and manufacturers to the implementation of joint projects, establishing industrial cooperation and localizing the production of products that are in high demand in the domestic market. Special attention is paid to supporting local producers, studying the types of products produced by local enterprises, including small businesses and private entrepreneurship, as well as forming a portfolio of orders (conclusion of contracts and memoranda) to expand the scope of work in the future.
For visitors to the fair from among entrepreneurs and exporters from all regions of the republic, the Center for the Development of Investment Projects under the Ministry of Investments and Foreign Trade has prepared specific investment proposals with preliminary technical and economic calculations, formed on the basis of an in-depth analysis of industrial potential, internal market conditions, as well as the needs of local producers in raw materials and components. Entrepreneurs and potential initiators of projects on the sidelines of the exhibition had the opportunity to substantively discuss the prospects for cooperation on specific projects.
On the first day of the fair, exhibitions of export-oriented and import-substituting products and presentations of proposals for production projects for the further development of industrial cooperation are planned. It is also provided for the provision of practical assistance by specialists of the Electronic Cooperation Portal of the Republic of Uzbekistan in the process of conducting negotiations in the B2B format and concluding agreements on cooperation in the development of imported and presented samples by business entities.
The Republican Intersectoral Industrial Fair will last until 18 December 2021.
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