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Uzbek Technological Metals Plant and Germany’s LBBW Forge Strategic Financial Partnership

In a significant step towards strengthening international industrial ties, Uzbekistan’s Technological Metals Plant (TMK) has held high-level talks with Landesbank Baden-Württemberg (LBBW), one of Germany’s leading financial institutions. The meeting focused on boosting bilateral investment cooperation, exploring advanced financial tools for large-scale industrial projects, and supporting the acquisition of cutting-edge European equipment.

Aziz Inomkhodjaev, head of LBBW’s representative office in Uzbekistan, underscored the bank’s strong interest in forging a long-term partnership with TMK. He emphasized LBBW’s readiness to provide sustained financial support for Uzbekistan’s industrial modernization, especially in the critical minerals and high-tech manufacturing sectors.

As a result of the discussions, both sides agreed to establish a framework for systematic collaboration, beginning with the phased rollout of priority industrial projects. The partnership with LBBW is expected to significantly enhance TMK’s ability to access European technologies and investment resources, further integrating Uzbekistan into global critical minerals supply chains.

Andrey
Andrey
https://2025.minexeurope.com

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