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Li Hong Goes to Uzbekistan and Türkiye to Investigate and research the markets

Li Hong Goes to Uzbekistan and Türkiye to Investigate and research the markets

  • Categories:News Center
  • Time of issue:2023-01-20
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Li Hong Goes to Uzbekistan and Türkiye to Investigate and research the markets


From November 17 to 21 local time, Li Hong, Secretary of the CPC Committee and Chairman of the Board of Directors of COVEC, went to Uzbekistan and Türkiye to investigate and research the market.

On the morning of November 18, Li Hong met with Chinese Ambassador Jiang Yan and introduced him the business works of COVEC and CREC in Uzbekistan. Ambassador welcomed Li Hong and his delegation and fully affirmed the achievements made by affiliates of CREC in implementing projects in Uzbekistan. She said that at present, China-Uzbekistan relations and economic and trade cooperation continue to develop well. She hoped that CREC and COVEC would develop its traditional advantages, continue to strengthen local market development and promote the implementation of a number of high-quality projects, improve the local people's livelihood while in achieving enterprise development, and continue to make contributions to China-Uzbekistan friendship.

On the afternoon of the 18th, Li Hong called on Jin Yulong, Counsellor of the The Economic and Commercial Counselor's Office of the Embassy in Uzbekistan. Li Hong introduced in detail the operation and development of CREC and COVEC in Uzbekistan and surrounding countries, and thanked the constant concern and support given by the Office. He said COVEC attaches great importance to the Uzbek market, will continue to promote the early tracking projects, strengthen the development of the local market, and strive to promote the continuous development of local economy and people's livelihood. Counsellor said that since the beginning of this year, Uzbekistan's economic situation has been developing well, the government is constantly strengthening its opening up to the world, optimizing its business environment, and attracting a lot of investment in infrastructure construction. He hoped that CREC and COVEC would enhance market development efforts on the basis of the current friendly relationship between the two countries, and make contributions to China-Uzbekistan friendship through in-depth participation in Uzbekistan's infrastructure construction.

On the same day, Li Hong and his delegation held talks respectively with the head of the Ministry of Investment and Foreign Trade of Uzbekistan, the executive chairman of the Joint Stock company”O’zbekiston temir yo’llari” and the head of the DNB Group of Uzbekistan. After the talk with DNB, Li Hong and the head of the DNB Group, witnessed the signing of the business contract on the EPC project of Barite Mine in Almalyk, Uzbekistan among COVEC, China Railway No.4 Engineering Group and DNB Group LLC.

On November 19, during an research tour in Tashkent, the capital of Uzbekistan, Li Hong delivered a address about the spirit of the 20th National Congress of the Communist Party of China for the cadres and employees of the Central and Western Asia regional headquarters and the representatives of the sister company in Uzbekistan.

During his trip in Uzbekistan, Li Hong also conducted a research on the work of Central and Western Asia Regional Company, listened to the report of the company on its recent work plan and the progress of the fourth quarter labor competition, and held talks with Liu Ruigang, the head of the Central Asia Working Group of the Export-Import Bank of China, Morojan, the chairman of YAQI company, and other local partners.

On November 21, Li Hong held talks with Muammer keskin, Mayor of Sisli, Istanbul, Türkiye and introduced him the operation and development of CREC in Türkiye and surrounding countries. He said that CREC and COVEC attache great importance to the Turkish market and will deepen the cooperation with Sisli Government and its subordinate companies to identify the cooperation projects and models as soon as possible and promote the implementation and effectiveness of projects. The mayor extended a warm welcome to Li Hong and his delegation and placed high hopes on future cooperation, hoping to achieve mutual benefit and win-win results with the joint efforts of both sides.

During his stay in Türkiye, Li Hong also held talks with Mor and other local cooperation companies.

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