The Secretary General of the Organization of Turkic States (OTS), Baghdad Amreyev participated at the Tashkent International Investment Forum held on 24-26 March 2022 in Tashkent.
On March 24, the President of the Republic of Uzbekistan H.E. Shavkat Mirziyoyev addressed opening speech of the Forum followed by the plenary session with participation of Ministers and heads of international financial institutions.
In his speech President Shavkat Mirziyoyev informed the audience about the reforms carried out in the country over the past few years, and outlined the priority areas for its further development. In their remarks, the Panelists shared their vision of the prospects for the development of Uzbekistan.
Secretary General of the Organization of Turkic States (OTS) Baghdad Amreyev took part in the breakout panel session on the theme of “The Investment Potential of Central Asia” during the Tashkent International Investment Forum on 25 March 2022.
The Panel session moderated by Ms. Tatiana Proskuryakova (World Bank) and attended by panelists H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan, Mr. Baghdad Amreyev, Secretary General of the Organization of Turkic States (OTS), Mr. Bakhyt Sultanov, Deputy Prime Minister and Minister of Trade and Integration of the Republic of Kazakhstan, Mr. Sherali Kabir, Minister of Industry and New Technologies of the Republic of Tajikistan, Mr. Aziz Aaliev, Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Ms. Stephanie von Friedeburg, Senior Vice President for Operations, IFC, Mr. Nobumitsu Hayashi, Vice Chairman, Japan Bank for International Cooperation (JBIC).
The panellists talked abut the strongest and most compelling case for foreign investments in Central Asian economies, investment climate, reforms and attractiveness of the region for FDI. They also discussed and exchanged their views on regional investment potential and necessary measures require to increase investments, particularly with more concentration to power production (electricity transmission), tourism, infrastructure, logistics, food processing, transformation to digital and green economy sectors.
Talking on the role of international organizations in seeding lessons and knowledge gained from the experiences of economies that have been successful in attracting high levels of inward investment, Secretary general emphasized that intra-regional investments are among the vital indicators to assess the level of economic integration among OTS Member’s economies.
Within the framework of discussions on ways for attracting greater regional investments to Central Asia, witch could serve as a win-win situation and a regional approach to investment attraction,
Secretary General underlined that the main levers for developing the potential of the region are the development of regional infrastructure, support for the cross-border movement of goods, services, people and capital, harmonization of the regulatory framework, active development of complementarity, coordination of investment attraction strategies.
B.Amreyev noted that as the main mechanisms such as Turkic Chamber of Commerce and Industry Turkic Investment Fund, cooperation among the Special Economic Zones established and ongoing under Organization as well as institutional measures undertaken by the OTS will provide additional favourable conditions for attracting investments in the region.
He also added that the region has an opportunity to change the development trajectory by diversifying the economy towards non-primary industries. This requires investments in infrastructure projects and for the development of promising non-primary industries.
On March 24, the President of the Republic of Uzbekistan H.E. Shavkat Mirziyoyev addressed opening speech of the Forum followed by the plenary session with participation of Ministers and heads of international financial institutions.
In his speech President Shavkat Mirziyoyev informed the audience about the reforms carried out in the country over the past few years, and outlined the priority areas for its further development. In their remarks, the Panelists shared their vision of the prospects for the development of Uzbekistan.
Secretary General of the Organization of Turkic States (OTS) Baghdad Amreyev took part in the breakout panel session on the theme of “The Investment Potential of Central Asia” during the Tashkent International Investment Forum on 25 March 2022.
The Panel session moderated by Ms. Tatiana Proskuryakova (World Bank) and attended by panelists H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan, Mr. Baghdad Amreyev, Secretary General of the Organization of Turkic States (OTS), Mr. Bakhyt Sultanov, Deputy Prime Minister and Minister of Trade and Integration of the Republic of Kazakhstan, Mr. Sherali Kabir, Minister of Industry and New Technologies of the Republic of Tajikistan, Mr. Aziz Aaliev, Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Ms. Stephanie von Friedeburg, Senior Vice President for Operations, IFC, Mr. Nobumitsu Hayashi, Vice Chairman, Japan Bank for International Cooperation (JBIC).
The panellists talked abut the strongest and most compelling case for foreign investments in Central Asian economies, investment climate, reforms and attractiveness of the region for FDI. They also discussed and exchanged their views on regional investment potential and necessary measures require to increase investments, particularly with more concentration to power production (electricity transmission), tourism, infrastructure, logistics, food processing, transformation to digital and green economy sectors.
Talking on the role of international organizations in seeding lessons and knowledge gained from the experiences of economies that have been successful in attracting high levels of inward investment, Secretary general emphasized that intra-regional investments are among the vital indicators to assess the level of economic integration among OTS Member’s economies.
Within the framework of discussions on ways for attracting greater regional investments to Central Asia, witch could serve as a win-win situation and a regional approach to investment attraction,
Secretary General underlined that the main levers for developing the potential of the region are the development of regional infrastructure, support for the cross-border movement of goods, services, people and capital, harmonization of the regulatory framework, active development of complementarity, coordination of investment attraction strategies.
B.Amreyev noted that as the main mechanisms such as Turkic Chamber of Commerce and Industry Turkic Investment Fund, cooperation among the Special Economic Zones established and ongoing under Organization as well as institutional measures undertaken by the OTS will provide additional favourable conditions for attracting investments in the region.
He also added that the region has an opportunity to change the development trajectory by diversifying the economy towards non-primary industries. This requires investments in infrastructure projects and for the development of promising non-primary industries.
