On February 17, 2023, the FIC convened a working group on Privatization and Private Public Partnership.
Mr. Golib Kholjigitov, Head of the FIC Secretariat, chaired the meeting, attended by representatives of foreign companies, IFIs, experts and officials from the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan.
The purpose of the meeting was to better understand the current situation around privatization and PPP and the challenges foreign companies have to face, as well as to identify actions FIC can take to help address those issues in support of foreign investors.
Participants were asked to make input on the following topics:
- Ensuring stable regulatory environment for privatization and PPP
- Implementation of international best practices in corporate governance
- Strengthening capacity of PPP professionals etc.
The meeting concluded with each participant sharing their views and suggestions.
The second series of PPPPWG meetings will focus on the discussion of the investors’ proposals on the improvement of investment climate and business environment in Uzbekistan.