Uzbekistan

A sovereign Islamic bond (sukuk) program will be implemented in Uzbekistan.

Broad opportunities will also be created for the activities of international clearing companies.

A sovereign Islamic bond (sukuk) program will be implemented in Uzbekistan.

President Shavkat Mirziyoyev announced at the Tashkent International Investment Forum the launch of a sovereign Islamic bond — sukuk program aimed at diversifying the investment flow in Uzbekistan, as reported.

 

The head of state emphasized that broad opportunities will also be created for the operation of international clearing companies in the country. These measures are expected to help local enterprises attract at least $10 billion in additional capital in the future.

 

The President also stated that within the framework of the privatization program, real estate properties, state shares in enterprises, and land plots worth $6 billion will be put up for auction this year.

 

Shavkat Mirziyoyev called on local and foreign investors to actively utilize the new opportunities being created.

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Certificate: №1346 Issue date: 28.05.2020

Idea author: Firdavs Fridunovich Abdukhalikov

Founder: "Master Media Production and Broadcast"