Important agreement signed for JSC “Navoiyazot” within the framework of the Tashkent International Investment Forum

As previously reported, the International Investment Forum commenced its work today. Within the framework of this prestigious event, aimed at showcasing our country’s investment potential on the international stage, reaching new agreements with foreign investors, and implementing promising projects, a trilateral agreement of significant importance for JSC “Navoiyazot” was signed.

In accordance with the Resolutions of the President of the Republic of Uzbekistan No. PQ-459 dated December 28, 2022, and No. PQ-63 dated February 7, 2024, an investment project titled “Construction of an Air Separation Unit” is to be implemented at JSC “Navoiyazot”.

The project is intended to ensure the uninterrupted supply of nitrogen and oxygen to the company’s existing production facilities, as well as to joint ventures planned for establishment in the future.

To ensure the high-quality and timely implementation of the project, a trilateral agreement was signed during the Forum between JSC “Navoiyazot”, “Linde Holdings Netherlands No. 3 B.V.”, and “Sinoma Energy Conservation International Investment Co., Ltd”.

The signing ceremony was attended by Deputy Chairmen of the Management Boards of JSC “Uzkimyosanoat” and JSC “Navoiyazot”, the Chairman and representatives of “Sinoma Energy Conservation International Investment”, the Cluster Head of “Linde Holdings Netherlands No. 3 B.V.”, as well as other specialists.

The implementation of this project will further expand the production infrastructure of JSC “Navoiyazot” and create opportunities for the uninterrupted supply of nitrogen and oxygen to both existing and future production capacities.