The American company Gulf plans to open a network of gas stations in Uzbekistan and invest in the aviation industry, announced the company Vice President, Craig Kramer in Washington D.C. during a meeting between President Shavkat Mirziyoyev and leaders of American businesses and financial institutions on Wednesday.
According to him, the company intends to open at least 100 modern and convenient gas stations that meet Western standards over the next two years.
"They will be built according to Western standards and will sell high-quality gas. During this period, we will invest at least $150 million in retail assets. Financing is fully secured. Each facility will be modern and unique in size and design," he said in a segment on the Uzbekistan 24 television channel.
Furthermore, transportation hubs for tourists and transit carriers are planned along highways.
"These projects will create at least 30 new jobs at each facility, with a total of over 3,000 new jobs to be created for locals," he added.
He noted he had received proposals from the country's provinces for infrastructure development.
"I have received specific proposals from all the regional governors of Uzbekistan for the development of nearly 200 gas stations across the country. This clearly demonstrates that your country has an open business climate and a high level of investor confidence," he said.
The company also intends to implement modern technologies and develop its aviation business.
"Mechanisms will be launched to provide modern amenities for retail and corporate clients. Along with retail, we are also investing in Uzbek aviation sector. Around $50 million will be invested in the aviation sector through Gulf Aviation," Kramer said.
According to him, this will ensure Uzbekistan's rapidly developing aviation industry has a secure and stable fuel supply, as well as establish a reliable supply chain for local and international airlines.
Gulf's operational base in Central Asia is planned to be located in Tashkent.
"This will be another important step towards transforming Uzbekistan into a hub for regional logistics and retail infrastructure," he concluded.
