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Uzbekistan plans to establish a pilot Free Economic Zone based on the Singaporean model

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The delegation of Uzbekistan, led by Minister of Investment, Industry, and Trade Laziz Kudratov, held meetings with the leadership of "Singapore Cooperation Enterprise", "Sembcorp Industries", and "Wilmar International" during their visit to Singapore, reports Dunyo IA correspondent.

According to the Ministry of Investment, Industry, and Trade (MIIT), an agreement was reached to develop a program aimed at enhancing the efficiency of Uzbekistan’s special economic zones through the introduction of a "one-stop shop" mechanism, unified management standards, a CRM platform, and modern infrastructure, with a focus on attracting strategic investments.

The parties reviewed the initiative to establish a pilot special economic zone based on the Singapore model, for which a joint expert group will be formed.

Among the key agreements were coordinated measures to implement an agro-industrial project in the Urtachirchik district of Tashkent region, which will create 1,800 new jobs.

As MIIT stated, the visit reaffirmed the strong interest of Singaporean partners in long-term cooperation, opening new opportunities for investment attraction and joint projects.