OREANDA-NEWS. Uzbekistan and China signed 21 agreements for total sum of over USD 100 million within an investment forum “Special industrial zone Jizzakh - unique investment opportunities for Chinese companies”.

The investments will be directed at implementation of investments to special industrial zone Jizzakh in such areas as energy, electronic equipment, telecommunications, textile and machine building sectors and pharmaceuticals.

In April 2013, four Chinese cities hosted Uzbek-Chinese investment forums. About 54 documents were signed on the joint implementation of higher-technological investment projects in the Jizzakh Special Industrial Zone with total cost of USD 300 million in such areas as electrical engineering, mechanical engineering, pharmaceutical, textile and food industries, production of cutting-edge construction materials and goods from polymers.

Over 300 representatives of leading Chinese companies, working in various sectors of economy, are participating current two-day investment forum.

The event is organized by the Ministry of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan and the Uzinfoinvest agency in cooperation with the Ministry of Commerce of China.

The forum participants exchanged views on issues related to prospective directions of further development of economic and investment cooperation between Uzbekistan and China.

They also discussed were the issues pertinent to the enlargement of ties in such areas as hydrocarbon, chemical, food and textile industries, manufacturing construction materials and medical equipment, automotive industry, electrical engineering, pharmaceuticals, as well as joint elaboration and realization of mutually beneficial investment schemes in these sectors.