- May 3 , 2024
Experts discussed the opportunities for investment in the mining industry
In Tashkent, representatives from 93 countries around the world, including government officials, politicians, representatives from the economic field, investors, businessmen, and journalists, gathered for the Tashkent International Investment Forum. Within the framework of this forum, the panel session "Investment opportunities in mining sector" brought together leading specialists to discuss investment priorities and challenges facing mining projects. The session was moderated by IFC manager Michael Opagi. Panel session participants included: - Abdulla Abdukadirov, First Deputy General Director, Agency for Strategic Reforms under the President of the Republic of Uzbekistan - Gerard De Hert, CEO of In2Metals - Emre Kayisoglu, CEO of " Esan Eczacibasi - Nikolas Flotte, Vice President of Orano Mining - Nataliya Lacorzana, Director, Head of Natural Resources at EBRD - Azam Kadirhujaev, First Deputy Minister of Mining Industry and Geology of Uzbekistan Nataliya Lacorzana, Head of natural resources at EBRD, spoke about the need to use information more effectively in the field of mining production, stressing the importance of developing the potential for utilizing information technology. Participants emphasized the need for a comprehensive assessment of all factors to ensure effective investment in mining projects. The session also addressed issues related to risk assessment and the evaluation of opportunities for investors at various stages of implementing mining projects. Gerard De HErt, CEO of In2Metals, expressed satisfaction with the favorable conditions created in our country: “We were asked, 'What did you find in Uzbekistan?' Yes, we found a lot here. When we first came here, we had no information about why, where, and how much investment was possible. But, first of all, we found the ministry that supports us, the community, and whenever we needed money for the development in the mining industry, we found the Ministry of Finance very helpful. Experts shared their opinions on factors influencing investment attractiveness in the field and making investment decisions: "In Uzbekistan, there are opportunities for investment and investors in every aspect. Especially, there are many different tax incentives. Basic minerals and raw materials are available in the economy, and we cooperate with investors in all areas," said Azam Kadirhujayev, First Deputy Minister of Mining Industry and Geology of Uzbekistan. This session provided a constructive platform for discussing the creation of favorable conditions for attracting investments in the mining industry.