The Uzbekistan-Saudi energy partnership has reached a major milestone, powering over $24 billion in joint projects. This ambitious alliance focuses heavily on green energy, including a groundbreaking green hydrogen production facility launched in Tashkent.
President Shavkat Mirziyoyev recently met with a delegation of top Saudi business leaders. The group was led by Muhammad Abunayyan, Co-Chairman of the Uzbek-Saudi Business Council and Chairman of ACWA Power. Executives from Vision Invest and Riyadh Cables also joined the meeting to strengthen the Uzbekistan-Saudi partnership and discuss future ventures.
During the meeting, both sides explored ways to deepen economic and energy cooperation. They focused on fast-tracking investments in critical sectors across Uzbekistan. These sectors include energy, IT infrastructure, utilities, transportation, and electrical engineering.
Moreover, the Uzbekistan-Saudi energy partnership aims to modernize Uzbekistan’s power grid. Leaders also discussed expanding technological innovation across the region. Both nations believe these shared projects will create jobs and boost sustainable development.
Notably, the two sides emphasized smart utility systems and advanced digital infrastructure. As part of the Uzbekistan-Saudi collaboration, they believe these investments can reshape Uzbekistan’s future economy. In addition, they pledged to work closely on logistics and industrial growth.
President Mirziyoyev praised the robust cooperation and urged Saudi firms to expand their presence in Uzbekistan. He reaffirmed his country’s commitment to supporting foreign investors through reform and policy stability.
Meanwhile, Saudi business leaders expressed confidence in Uzbekistan’s economic reforms. They highlighted the importance of long-term collaboration in transforming Central Asia’s energy landscape. Their enthusiasm reflects growing investor trust in the Uzbekistan-Saudi green transition.
Ultimately, the Uzbekistan-Saudi energy partnership showcases a shared vision for progress and sustainability. With major funding already in place, both nations look ready to deliver lasting impact through joint innovation.
As the partnership deepens, observers expect even more high-value projects in the coming years. Uzbekistan is quickly emerging as a green energy leader in the region, thanks to these powerful collaborations in energy with Saudi Arabia.