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Meeting with Private Finance Advisory Network (PFAN)

On October 25, 2019, representatives of UzIPA negotiated with Rostislav Miraikin, Regional Coordinator of Eastern Europe and Central Asia of “PFAN” international company and Ildar Yunusov, the coordinator of “PFAN” in Uzbekistan.

The meeting was attended by Oybek Elmuratov, Deputy Director of the Agency.

“PFAN” representative told about the activities of his company, saying that key services and functions of the company’s experts are the assessment of investment potential, development of business plans, assistance in preparing and finalizing project documents, identifying potential investors and promoting investments. The regional director of PFAN noted the high and inefficient energy consumption in Uzbekistan, therefore there was a proposal to improve the level of services in the energy sector.

Partners noted that PFAN works closely together with UNIDO as part of “Promoting Investments in Renewable Energy and Energy Efficiency Projects” program, as well as with other international organizations in Japan, China, Germany, and France.

Thanks to the support of donor partners such as USAID, Sweden Sverige, Australian Government, the Norwegian Ministry of Foreign Affairs, PFAN services are free of charge. In addition, Ildar Yunusov noted that the content of the Agency’s portal (www.invest.gov.uz) is informative and contains detailed information on investment projects thanks to they could find preliminary information on interested projects and contact their initiators.

It was noted that the Agency could be a liaison partner between the company and entrepreneurs. Adaptation to climate change and clean energy were named the most interesting and promising for “Road Show” organization in the regions of Uzbekistan.