Events
26.07.2026
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485
IICA Managing Director meets San Bao Corporation executives
Amb. Javlon Vakhabov, Managing Director of the International Institute for Central Asia (IICA), met with Vice President Du Yonghong of the Xinjiang San Bao Industrial and Trading Corporation.

The parties discussed prospects for the company's participation in implementing investment projects in Uzbekistan across the energy, industrial, and logistics infrastructure sectors.

Du Yonghong stated that the San Bao Corporation has been operating in Central Asia markets for over 30 years and possesses significant expertise in implementing energy and industrial projects, supplying vehicles, and constructing infrastructure facilities.

The company expressed interest in implementing projects in Uzbekistan within the rare earth metals and clean energy sectors. Among the promising areas highlighted were the construction of solar and biomass-based power plants.

Amb.Vakhabov emphasized that the dynamic growth of Uzbekistan's economy and the consistent improvement of the investment climate create broad opportunities for joint projects with foreign partners.

A priority is the development of renewable energy, a sector in which Uzbekistan leads Central Asia in terms of foreign direct investment. Specifically, between 2003 and 2025, Uzbekistan accounted for 56% of the total foreign investment directed into Central Asia's renewable energy sector, which reached nearly $18 billion.

Following the meeting, an agreement was reached to explore opportunities for implementing renewable energy projects in the country, as well as to develop cooperation in logistics and industrial infrastructure.

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