Uzbekistan and UAE Forge $5 Billion Partnership in Energy and Infrastructure

@UZDaily
The second day of a high-level Uzbek delegation's working visit to Abu Dhabi focused on deepening strategic cooperation across several key economic sectors. The discussions centered on joint investment projects, finance, energy, water infrastructure, logistics, construction, chemical industry development, and education.
One of the central meetings involved talks with Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of the UAE. Details of these negotiations are expected to be released separately.
In a meeting with Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure, officials reviewed the current state of their strategic partnership and explored avenues for further developing joint ventures in energy, infrastructure, logistics, and industry.
The United Arab Emirates was highlighted as one of Uzbekistan's primary partners in the energy sector. The portfolio of collaborative projects with companies Masdar and AMEA Power now exceeds $5 billion USD.
Notable milestones include the completed privatization of the Talimarjan Thermal Power Plant with TAQA's involvement and the signing of an agreement to construct a solar power plant capable of round-the-clock electricity generation. Significant potential for expanding cooperation was also noted in mining, chemicals, finance, and further privatization initiatives.
Discussions with Nader Asad bin Taher, Acting CEO of TAQA Water Solutions, covered two major infrastructure projects: building water treatment facilities with a capacity of 300 thousand cubic meters per day and constructing a 65-kilometer water pipeline from the Ugam River to New Tashkent.
Investment collaboration was another key topic. Talks with representatives from L’imad Holding and Plenary—Jasim Mohammed Al Zaabi and Mustafa Fahur—focused on broadening cooperation through new projects in mining and chemicals alongside developing public-private partnerships (PPP), financial sector initiatives, and privatization efforts.
The potential participation of Etihad Rail in the strategically vital Trans-Afghan Railway project was explored during talks with its management. This regional infrastructure initiative is considered crucial for connectivity.
Negotiations with Ta’ziz addressed prospects for cooperation in Uzbekistan's chemical industry. This includes possible company involvement in a major phosphate fertilizer production complex project planned for the Samarkand region.
A separate meeting was held with Dr. Abdulrahman Al Awar, UAE Minister of Human Resources & Emiratisation (acting Minister for Higher Education & Scientific Research). The parties discussed enhancing collaboration in education science academic exchanges and training specialists in high-demand fields
The outcomes confirm a high level of strategic dialogue between Uzbekistan and the UAE along with both sides' readiness to translate agreements into practical action
Source: www.uzdaily.uz