Uzbekistan–Saudi Arabia cooperation intensifies with new large-scale projects

At the start of the meeting, the guest conveyed to the Uzbek leader the greetings and best wishes of King Salman bin Abdulaziz Al Saud and Crown Prince and Prime Minister Mohammed bin Salman Al Saud.

The talks focused on priority issues aimed at further expanding the multifaceted Uzbekistan–Saudi Arabia partnership and advancing the implementation of high-level agreements.

Both sides expressed satisfaction with the dynamic development of productive cooperation. Engagement has intensified at all levels, while mutual trade volumes, direct investments, and the number of joint ventures continue to grow. Air traffic between the two countries has also increased.

The portfolio of joint projects has now reached $27 billion. A number of large-scale energy projects worth $15 billion are being implemented in cooperation with ACWA Power.

The parties highly praised the successful results of the recent meetings of the Intergovernmental Commission and the Business Council held in Tashkent, during which new agreements and contracts were signed.

Special attention was given to the rapid implementation of projects and initiatives in priority areas such as green energy, agriculture, electrical engineering, real estate, and infrastructure modernization across Uzbekistan’s regions.