Meeting with China Investment Corporation

On July 17, a meeting was held at the UzAssets office with representatives of China Investment Corporation (CIC).

For reference: China Investment Corporation (CIC) is a sovereign investment fund established by the Government of China in 2007. CIC invests in various asset classes around the world, including infrastructure, energy, technology, the financial sector, and real estate, aiming for sustainable and long-term development.

The management of UzAssets presented information on the ongoing work to implement investment projects in state-owned companies, as well on steps to access international financial markets — including the issuance of eurobonds, preparation for IPOs, implementation of ESG principles, and obtaining international credit ratings from leading rating agencies, including Fitch, S&P, and Moody’s.

During the negotiations, prospects for cooperation were discussed, including the possibility of CIC participating as an investor in the IPOs of state-owned companies of Uzbekistan.

As a result of the meeting, an agreement was reached to establish cooperation and to explore prospects for joint work on investment projects involving state-owned enterprises.

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