22 November 2017

REP Holding Took Part in the Cultural and Business Mission of St. Petersburg in Uzbekistan

REP Holding representatives on the official delegation of St. Petersburg Government headed by Governor Georgy Poltavchenko visited the Republic of Uzbekistan. The visit was timed to coincide with the cultural and business mission of St. Petersburg.
The delegation included the Chairman of the Legislative Assembly Vyacheslav Makarov, Vice-Governors Oleg Markov and Anna Mityanina, the heads of special-purpose committees of St. Petersburg Administration, representatives of secondary and higher educational institutions, medical institutions, cultural figures and members of the business community of the city.
Within the framework of the cultural and business mission a business forum “Saint Petersburg and the Republic of Uzbekistan - New Horizons of Cooperation", round table discussions, business contacts exchange for entrepreneurs, as well as sectoral meetings in the field of health care, culture and education, science and higher education, labour and employment, consumer market and industrial cooperation took place.
During the round table on trade and economic cooperation, the representatives of REP Holding presented the core competencies of the company in the production and supply of modern power equipment, and also told about the history of partnership and prospective lines of cooperation with Uzbekistan in the oil and gas and engineering industries.
During more than 50-years history of cooperation the Holding enterprises have delivered about 270 units of gas turbine and compressor equipment for the oil and gas, chemical and metallurgical complex of the Republic.
Currently, the company continues to actively participate in major strategic projects in the region. Thus, in August this year, REP Holding signed a memorandum of cooperation with the petroleum company “Uzneftegazmash" on cooperation in production of gas turbine equipment for the Republic of Uzbekistan enterprises. The Agreement also provides for joint development of priority investment projects for introduction of new technologies and products.
Within the framework of the business mission the Holding representatives held a series of talks about supply of equipment and development of mutually beneficial partnership with the major engineering and energy companies in the region, such as JSC "Uzlitineftegaz”, JSC Uztransgaz", JSC "Uzbekenergo", "Tashelektroschit", etc.
"Now we are negotiating with the Uzbekistan party about supply of power and electrical equipment for implementation of a number of investment projects – “Construction of VI processing train of sweet gas plants in the UChKYR field", "Construction of UzGTL plant to produce synthetic fuel», «Construction of Jizaksky refinery”, as well as supply of the equipment to expand capacities of the Shurtan gas chemical facility. Study of the technical part of the documentation received is currently being finalized by specialists of the relevant departments of the company, tender documents are under preparation”, said Vitaly Kurguskin, REP Holding Project Director within the framework of the presentation.
During the visit an Agreement on trade and economic, scientific-and-technical and cultural cooperation, as well as the road map for its implementation during 2017-2021 were signed between Saint-Petersburg Government and Tashkent city Khokimiyat.
"Our countries and our peoples have long roots. Bilateral relations continue to develop, and today a momentum has been created thanks to the clear position of the leaders of our countries. The dynamics of the trade turnover for increase is good. The main objective is to strengthen the partnership and to find new areas of cooperation", said Georgy Poltavchenko.
As was stated by the organizers, the Forum demonstrated mutual interest of businessmen in St. Petersburg and Uzbekistan, which would contribute not only to strengthening the bilateral trade and economic relations, but also serve as a demonstration of open policy, willingness for multilateral development of political and economic ties between Uzbekistan and Russia.

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