
- 3
- 17.10.2026 10:52:00
- 2 min read
On October 16, 2026, President of Uzbekistan Shavkat Mirziyoyev received representatives from several foreign companies on the sidelines of a meeting of the Investors' Council for the Fuel and Energy Sector. The discussions focused on the development of projects in the energy, oil and gas, infrastructure, industrial, and investment sectors.

The President met with a delegation led by Mohammad Abunayyan, Co-Chairman of the Uzbekistan-Saudi Arabia Business Council and Chairman of the Board of ACWA Power. The parties discussed accelerating investment projects in green energy, modern infrastructure, high technology, and healthcare.

During a meeting with Rovshan Najaf, head of SOCAR, and Giovanni Cristofoli, Senior Vice President at British Petroleum, the development of hydrocarbon fields on the Ustyurt Plateau was addressed. Furthermore, the implementation of new projects in the oil and gas sector, as well as the establishment of long-term supply and distribution networks for oil and petroleum products, were discussed.

Cooperation in the fields of energy, geology, and infrastructure was discussed with Mehmet Cengiz, Chairman of the Board of Cengiz Holding. Promising projects for the construction of thermal power plants and the modernization of electricity distribution networks were reviewed.

Discussions were held with Jamil Kazanci, Chairman of the Board of Directors of Aksa Energy, regarding the company’s participation in projects aimed at developing and technologically modernizing Uzbekistan’s energy network. The parties agreed to accelerate work on specific projects.

Issues concerning the expansion of projects in the fields of green energy, modern infrastructure, industrial cooperation, tourism, and services were reviewed with Mohamed Jameel Al Ramahi, CEO of Masdar, and Hussain Al Nowais, Chairman of AMEA Power.

Joint projects in the areas of renewable energy, energy storage, waste processing, and water supply were discussed with executives from the Chinese companies CAMCE, China Energy, and Sinoma Energy. Support was expressed for initiatives to establish a logistics center in the Andijan region, develop agro-photovoltaics, and implement oil and gas projects.

Matters related to the construction of solar power plants and the manufacturing of high-voltage transformers were discussed with Sayyid Ayman Al-Busaidi, Chairman of the Board of Directors of Voltamp Energy. At the conclusion of the meeting, an agreement was reached to implement both ongoing and new projects involving the company, based on a defined roadmap.
The meetings focused on expanding Uzbekistan’s practical cooperation with foreign investors, developing energy capacities, and accelerating priority investment projects.