Kuva: Tuuli Järvinen/EastCham.
Finnish companies deliver solutions for Uzbekistan’s growth
The visit of Uzbekistan’s Foreign Minister demonstrated how Uzbekistan’s demand and Finland’s offering meet.
Uzbekistan’s determined reform policy and the upward trajectory of its economy and population are creating increasingly promising growth prospects. The entire Central Asian region is becoming a new economic hub, and in terms of population, Uzbekistan accounts for half of an 80‑million‑person market.
– Central Asia is becoming one of the poles that attract capital and technology, and where new production and logistics links are being formed. The space is open for partners who know how to work with long term perspective and turn innovation in competitive performance, says Uzbekistan’s Foreign Minister Bakhtiyor Saidov.
Uzbekistan is currently modernising its industry, energy sector, waste management, digital infrastructure and vocational education. According to Minister Saidov, this offers Finnish companies opportunities in exports as well as in establishing local service centers and joint ventures.
Saidov visited Eteläranta in March as a guest of EastCham, the Confederation of Finnish Industries (EK), and East Office as part of his visit to Finland. During the visit, EastCham organised a roundtable discussion between Finnish and Uzbek companies.
Finland is a reliable business partner
Finland’s strengths are an excellent match for Uzbekistan’s needs. Finland is known as a stable and sustainable country with high-quality and energy-efficient infrastructure. Promising areas for cooperation include connectivity—such as the Trans-Caspian transport route—and digitalisation, sustainable water and energy solutions, critical raw materials and industry, as well as education.
– These strengths form basis of Finland’s credibility as business partner and position us as well to support Uzbekistan’s ambitious goals in your way forward, says Petri Vuorio, Director at the Confederation of Finnish Industries.
EastCham opens doors in Central Asia that can be difficult for foreign companies to open alone. We provide training, advisory services, market information and a broad peer network to support Finnish companies’ internationalisation journey. For matters related to Central Asian markets or cooperation with Finnish companies, you can contact EastCham’s Senior Business Advisor Altyn Shakirkhanova, Head of the Almaty office in Kazakhstan.
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Ambassador Rakhmanov: Uzbekistan is changing rapidly – education is one of the cornerstones