en.Wedoany.com Reported - Recently, China Railway Construction Investment Group (CRCC Investment) held talks with the Ministry of Mining and Geology of Uzbekistan, exchanging views on topics such as mining investment cooperation, mining rights development, and investment mechanisms, signaling positive prospects for Chinese participation in Uzbekistan's mining projects.

Uzbekistan's Deputy Minister of Mining and Geology, Ural Yusupov, met with Xu Yuhe, General Manager of CRCC Investment Group. CRCC Investment introduced its business layout, international investments, and progress in infrastructure projects, expressing a desire to further expand cooperation with Uzbekistan. The two sides focused on discussing the prospects for Chinese enterprises to participate in Uzbekistan's mining projects and the potential for deepening collaboration in resource development in the future.

Ural Yusupov briefed the Chinese side on Uzbekistan's recent progress in promoting mineral resource development and underground resource utilization reforms, highlighting relevant policies to attract foreign investment and the mechanism for investors to bid for the right to use high-quality mining blocks through electronic auctions. Uzbekistan continues to improve its mining investment system, promote the marketization of mining rights allocation, and aims to leverage international capital and technology to enhance the efficiency of mineral resource exploration and development, further unlocking the potential of mining investment.

As Uzbekistan continuously optimizes its mining investment environment and introduces market-oriented measures such as electronic auctions, opportunities for Chinese enterprises to participate in local mineral resource development are increasing. The talks did not disclose specific cooperation projects or investment amounts, but both sides confirmed they will maintain communication on potential cooperation in the mining and geological fields and promote further alignment on key mining projects. For CRCC Investment, this engagement also reflects the company's efforts to leverage its experience in infrastructure construction to further expand its market presence in Central Asia's mining and resource development sectors.