Moscow: PonteSud – News Desk
Deputy Prime Minister of Malaysia, Datuk Seri Fadillah Yusof, urged Uzbek companies and investors to explore the opportunities presented by the Malaysian market, emphasising Malaysia’s strategic position as a hub for Southeast Asia.
Speaking at the Malaysia-Uzbekistan Business Forum 2025 in Tashkent, Fadillah highlighted Malaysia’s role as the ASEAN chair in 2025, making it an ideal gateway for businesses looking to expand within the dynamic Southeast Asian region.
He stated that the Malaysian government is dedicated to strengthening collaboration with the private sector, focusing on areas of mutual benefit.
Fadillah also noted Uzbekistan’s appeal as an investment destination for Malaysian companies, citing its abundant natural resources and central location as attractive for investments in sectors such as mining, agriculture, logistics, and industrial development.
“Malaysia’s strength in high-value manufacturing, digital economy, and green technology presents significant opportunities for collaboration with Uzbekistan, particularly in the areas of electronics, renewable energy, and smart infrastructure,” he said.
The Deputy Prime Minister pointed out that Malaysian companies are increasingly recognising Uzbekistan’s market potential, with growing investments and interests in sectors such as energy, infrastructure, and education.
He added that these ventures not only strengthen bilateral economic ties but also contribute to broader regional connectivity.
Fadillah noted that trade rose from approximately US58.4 million in 2020 to US80.9 million in 2024. Malaysia’s exports, valued at US$79.9 million, included products such as palm oil, electronic components, and pharmaceuticals, showcasing a growing diversification of traded goods.
