HomeEurope NewsUzbekistan and Kuwait’s CGC forge ahead on PPP and infrastructure co-op

Uzbekistan and Kuwait’s CGC forge ahead on PPP and infrastructure co-op

TASHKENT, Uzbekistan, October 9. lhomjon
Umrzakov, Deputy Minister of Economy and Finance of Uzbekistan,
held a meeting with Raad Qutbildin Al Abdullah, Head of the
Investment Committee, and Deputy Chairman of the Board of Directors
of the Kuwaiti company Combined Group Contracting Company (CGC) to
discuss opportunities for cooperation in public-private partnership
(PPP) projects and major infrastructure initiatives in Uzbekistan,
Trend reports.

The meeting was also attended by Ramy Samir, CGC Manager, and
Abdukodir Yakubov, Deputy Director of the Public-Private
Partnership Development Department of the Ministry of Economy and
Finance, along with other senior officials.

During the dialogue, the parties discussed the opportunities
created for PPP projects in Uzbekistan, key infrastructure
initiatives carried out in recent years—including projects in the
energy sector and road development—and explored ways to expand
international cooperation in PPPs. Special attention was given to
strengthening mutual economic relations and implementing joint
projects with GCC countries, as well as leveraging CGC’s
international experience for large-scale infrastructure projects in
Uzbekistan.

Following the meeting, the parties agreed to develop
cooperation, jointly consider promising PPP initiatives, and
continue practical engagement.

Combined Group Contracting Company (CGC) is one of the largest
infrastructure and industrial construction companies in Kuwait,
established in 1965. The company is a publicly traded joint-stock
company listed on the Kuwait Stock Exchange. CGC operates in the
fields of construction, road and transport infrastructure, oil and
gas pipelines, as well as the construction of energy and industrial
facilities. The company has successfully implemented numerous
projects in Kuwait, Saudi Arabia, and the countries of the Gulf
Cooperation Council (GCC)

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