Uzbekistan and RAK Ceramics Discuss Investment Opportunities in Building Materials Sector

Uzbekistan and RAK Ceramics Discuss Investment Opportunities in Building Materials Sector

Uzbekistan: Uzbekistan’s Ambassador to the United Arab Emirates, Umid Shadiev, met with Abdallah Massaad, Group Chief Executive Officer of RAK Ceramics, to discuss opportunities for cooperation in the building materials industry. The discussions focused on expanding investment collaboration, increasing the production of value-added construction materials and introducing modern technologies into the sector.

During the meeting, Uzbek officials outlined the country’s ongoing economic reforms, investment environment and the potential of its construction materials industry. RAK Ceramics expressed interest in exploring opportunities for cooperation in Uzbekistan, citing the country’s infrastructure and construction activity. The two sides agreed to continue discussions and further develop specific areas of potential investment collaboration.

Source: Dunyo