Baku. TurkicWorld:
Uzbekistan has sealed the deal and inked a Memorandum of Cooperation with Chengdu Xingrong Renewable Energy Co., Ltd. and Chengdu Shiny Technology Co., Ltd. to join forces in the development and execution of projects aimed at turning trash into treasure, generating energy from waste, TurkicWorld reports.
The document was signed during a meeting with representatives of the state-owned enterprise China Chengdu Environment Investment Group at the Ministry of Ecology, Environmental Protection, and Climate Change.
At the meeting, information was presented on reforms being implemented in the field of waste management in Uzbekistan, areas for investment, and preferences provided for investors.
The general director of the Chinese company spoke about long-term plans to be implemented in Uzbekistan. Interest was also expressed in the activities of treatment facilities and landfills intended for waste transportation.
Meanwhile, Uzbekistan’s foreign trade turnover volume with China amounted to $5.8 billion from January through June 2024. This figure is 9.4 percent higher year-on-year ($5.3 billion in January–June 2023).
China ranks first among the countries with the largest volume of foreign trade turnover in Uzbekistan. The country’s share in the total volume of trade turnover in Uzbekistan accounts for 18.5 percent.
