Today, May 18, an official ceremony dedicated to the initial public offering (IPO) process of shares of the National Investment Fund of the Republic of Uzbekistan will take place at the London Stock Exchange. This event is an important step in bringing our country's capital market to the international financial arena and opens a new page in the history of Uzbekistan's economy.
The official ceremony is expected to be attended by the Head of the Administration of the President of the Republic of Uzbekistan Saida Mirziyoyeva, the Advisor to the President of the Republic of Uzbekistan on Economic Policy Obid Hakimov, and other officials.
The Fund's listing on the London Stock Exchange is a practical expression of the efforts underway in our country to implement large-scale economic reforms, expand the principles of openness and transparency, and further improve the investment climate. This process, at the same time, demonstrates the high confidence of foreign partners in the structural transformations being carried out in Uzbekistan and provides international investors with an opportunity to closely familiarize themselves with the country's economy and the potential of local companies.
The expected IPO will give a strong impetus to expanding Uzbekistan's participation in global financial markets, attracting foreign investment, as well as introducing modern corporate governance standards and a transparent system.
Additional information on the outcomes of the event will be provided.
