Angkasa International JV

01/12/2021

In 2020, the World Bank has approved a $500m financing package to support the agriculture modernisation project in Uzbekistan. The funds will be used mostly to upgrade agricultural research and development capabilities.
World Bank Uzbekistan country manager Hideki Mori said: “Agriculture generates more than 30% of GDP, employs 27% of the country’s labour force, or around 3.6 million workers, and earns 25% of all export revenues. Modernisation of the agriculture sector will lead to many better-paid jobs in rural areas, improved food security, and higher export revenues for Uzbekistan.”
The project aims to enhance productivity-supporting agricultural services, investments in high-value horticulture value chains. facilitate trade and marketing services, as well as support project management activities.
This ambitious project not only will benefit local farmers and agribusinesses with new novel technologies, advisory and extension services, capacity building, long-term financing and agro-logistical services, but also designed to improve access of the agricultural farmers to domestic and international markets.
For more information on investing in Uzbekistan, please contact the following persons at our offices in Kuala Lumpur. Dilshod Elmuradov at +60 16-634 5577 or Janet Peters at +60 16-238 3545

30/11/2021

On 26th of November 2021, Angkasa International (AJIV) accompanied the Uzbekistan Ambassador to Malaysia, His Excellency Mr. Ravshan Usmanov, for a visit to the Management and Science University (MSU) at its Shah Alam Campus.

The visit was for the ambassador to meet the president and founder of MSU, Professor Tan Sri Dato’ Wira Dr. Mohd Shukri Ab Yajid personally, and follow-up on the agreements reached during the recent trip of the president to Uzbekistan. It was also to highlight the myriad of opportunities within the university ecosystem itself and to leverage international collaborations, mobility and linkages as well as businesses and investment.

AJIV is honoured to be invited by MSU as their business partner in its Uzbekistan project and is poised to contribute to the success of their venture in the near future.

AJIV is a joint venture of Malaysia and Uzbekistan incorporated in the Republic of Uzbekistan. The objective of which is the formation of a platform to assist businesses towards entering the Uzbekistan market. AJIV is of the view that it is ripe for companies to enter the market as both nations undergo reforms on all fronts. That said, we invite companies from all ASEAN nations to consider investing in Uzbekistan.

MSU, (formerly known as University College of Technology & Management Malaysia, is a private university founded in 2001. It received full university status in October 2007 and at that point, it is known by its current name, ‘Management Science University’.

MSU has been accorded ‘Excellent Status University’ twice on the national university-rating system, and named the ‘Best Entrepreneurial Private University’ by the Ministry of Higher Education Malaysia. As an applied and enterprise university, MSU offers programmes of study at postgraduate, undergraduate, and foundation levels, through connected pathways that admit students from all walks of life and personal backgrounds.

For more information on investing in Uzbekistan, please contact the following persons at our offices in Kuala Lumpur. Dilshod Elmuradov at +60 16-634 5577 or Janet Peters at +60 16-238 3545

29/11/2021

On 25 Nov 2021, we had a fruitful meeting with SMIE Corporation Malaysia (SME Corp) towards establishing a collaboration between Angkasa International (AJIV) and SME Corp. The primary objectives are to assist Malaysian SMEs to enter Uzbekistan and other countries in the Central Asia markets while facilitating SMEs from Central Asia entering Malaysia and other markets in the ASEAN.

AJIV led by its Managing Director Encik Abu Hassan Ahmad updated the team from SME Corp led by its Director of International Cooperation Division, Tuan Amrul Nazri Abdullah, on the current business transformation and government initiatives towards increasing trade and investments from foreign investors to Uzbekistan.

AJIV expressed its support towards initiatives of SME Corp in developing SMEs to be export-ready enterprises. We agreed to be involved in SME matching programs, to plan and organize trade missions while being a trade-linker covering Central Asia Region amd Afghanistan for year 2022.

SME Corporation Malaysia (SME Corp. Malaysia) is the central coordinating agency (CCA) under the Ministry of Entrepreneur Development and Cooperatives (MEDAC) that coordinates the implementation of development programmes for small and medium enterprises (SMEs) across all related Ministries and agencies.

It acts as a central point of reference for research and data dissemination on SMEs and entrepreneurs, as well as provides business advisory services for SMEs and entrepreneurs throughout the country.

AJIV is a joint venture of Malaysia and Uzbekistan incorporated in the Republic of Uzbekistan. The objective of which is the formation of a platform to assist businesses towards entering the Uzbekistan market. AJIV is of the view that it is ripe for companies to enter the market as both nations undergo reforms on all fronts. That said, we invite companies from all ASEAN nations to consider investing in Uzbekistan.

For more information on investing in Uzbekistan, please contact the following persons at our offices in Kuala Lumpur. Dilshod Elmuradov at +60 16-634 5577 or Janet Peters at +60 16-238 3545

14/11/2021

The visit in November 2021 of the entourage of the Management and Science University (MSU) to Navoi State Pedagogical Institute (NSPI) in the Navoiy region, Uzbekistan, received wide coverage in local TV channels.

In September 2021, vide an online session, both universities signed an MOU witnessed by the His Highness, the Uzbekistan Ambassador in Kuala Lumpur. The signing of the MOU is a significant event not only for NSPI but for the region, given on May 15, 2019, the Uzbekistan president signed a decree making the Navoiy region a free economic zone (FEZ).

The Navoiy region is located in the central part of the nation and is the largest in Uzbekistan (110,800 sq. km). Its subsoil is rich in precious metals including gold, tungsten, phosphorites, basalt, kaolin, quartz sand, cement raw materials, limestone and other minerals. The region is therefore the centre of the mining, chemical and energy industries of the nation.

Navoi Mining and Metallurgical Plant, Navoi Thermal Power Plant JSC, Navoiazot JSC, Kyzylkumcement JSC and other large enterprises are located in this region aided by the Navoi International Airport operated by Uzbekistan Airways. The airport is part of an international intermodal logistics centre, not to mention that it is in partnership with Korean Air through which it operates its Incheon-Navoi-Milan, Incheon-Navoi-Brussels and Shanghai-Navoi-Milan routes.
It is noteworthy that the first FEZ in Uzbekistan was established in Karamin district of Navoi region in 2008. Now with the enactment of Presidential Decree No. UP-5719 of May 15, 2019 (the “Decree”) an unprecedented decision has been made to expand the territory of the FEZ to the entire Navoiy region for the period up to January 1, 2030, with the possibility of a further extension of this period.

The visit of the MSU delegation led by its President, Tan Sri Professor Dr Mohd Shukri Yajid is very significant to Navoiy Region in their quest to further expand its economy. The delegation was welcomed personally by its Governor Mr. Tursunov Kobul Beknazarovich, its Deputy Governor, Mr. Khasanov Kamoliddin Abdurazokovich and the Rector of NSPI Prof. Bakhodir Sobirov. NSPI planned to offer bachelor degree courses in tourism management, halal studies, business management and pharmacy, all to be taught in English as early as April 2022.

These initiatives in the higher education sectors are seen as the accelerator to economic growth for the region.
Angkasa International JV is well positioned in assisting the promotion of the Navoiy region as an excellence centre for education research and investment destination in Uzbekistan. We are now inviting companies from ASEAN countries to invest in Navoiy region.

For more information, please contact the following persons at our offices in Kuala Lumpur. Dilshod Elmuradov at +60 16-634 5577 or Janet Peters at +60 16-238 3545

14/11/2021

Pursuant to a 2019 presidential decree the government of Uzbekistan set out a Concept of Development of higher education in republic until 2030.

Angkasa International Joint Venture (AJIV) is aligned with this concept and is playing a role in supporting the ambitious project and towards this end AJIV has been working closely with Malaysian universities in partnering with their counterparts in Uzbekistan.

Early November 2021, AJIV facilitated a visit for Management and Science University (MSU) to explore opportunities in collaborating with universities in Uzbekistan. The delegation led by its president, Professor Tan Sri Dato' Wira Dr Mohd Shukri Ab Yajid, visited Tashkent, Bukhara, Navoi and Samarkand while making courtesy visits to the Ministry of Health, Ministry of Higher and Secondary Specialized Education, Ministry of Foreign Trade and Investment and Ministry of Tourism and Sports, Office of Governor Tashkent region, Office of Governor Bukhara Region, Office of Governor Navoi region, respectively.

During the visit, AJIV facilitated the delegation in visiting the following universities: -

a. Tashkent Medical Academy (Tashkent),
b. Akfa University (Tashkent)
c. Silk Road International University of Tourism (Samarkand),
d. Bukhara State University (Bukhara),
e. Bukhara State Medical Institute (Bukhara),
f. Navoi State Pedagogical Institute (Navoi),
g. Samarkand State University (Samarkand), and
h. Imam-Al-Bukhari International Research Centre (Samarkand).

In Bukhara, MSU and Bukhara State University signed a memorandum of understanding; and in Navoi, the delegation finalized the working framework for MSU to offer some of it courses to Navoi State Pedagogical Institute as early as April 2022. The formation of Uzbekistan and Malaysia Excellence Centre is proposed by MSU and Samarkand State University, respectively.

AJIV takes pride in the success of the visit by the MSU delegation after more than two months of arduous planning. Our team in Tashkent and Kuala Lumpur are now working closely with the universities and relevant government agencies to assist the implementation of the MOUs that have been signed and those that are impending.

AJIV is a joint venture of Malaysia and Uzbekistan incorporated in the Republic of Uzbekistan. The objective of which is the formation of a platform to assist businesses towards entering the Uzbekistan market. AJIV is of the view that it is ripe for companies to enter the market as both nations undergo reforms on all fronts. That said, we invite companies from all ASEAN nations to consider investing in Uzbekistan.

For more information, please contact the following persons at our offices in Kuala Lumpur. Dilshod Elmuradov at +60 16-634 5577 or Janet Peters at +60 16-238 3545

25/10/2021

Malaysian companies are beginning to show interest investment and tourism in Uzbekistan, and it has been observed that our companies are seeking opportunities in doing business in that Central Asian nation. Many are planning to visit the country for first-hand knowledge of opportunities available and meeting their business counterparts. This is confirmed by the Embassy of Uzbekistan Kuala Lumpur; and Angkasa International Joint-venture (AJIV) appreciates the trust and confidence given by the embassy for assisting businesses in seeking opportunities in Uzbekistan.

The government of Uzbekistan has long emphasised the importance of attracting foreign direct investment (FDI) to ensure sustainable economic growth and modernisation through the influx of foreign capital, technology and expertise. Its foreign investment legislation provides an open and liberal FDI framework, including guarantees of national treatment, non-expropriation, free repatriation of funds, freedom of monetary transactions, and stability in legal relations, access to open-source information, observance of intellectual property rights and access to international arbitration. Essentially, it is a good time to invest in Uzbekistan.

Uzbekistan is located on the route of the ancient Silk Road and has been a cradle of culture for millennia, the trading hub between the East and West. One will find a variety of people here, from Mongols to Korean, Indians to Persian, Arabs to Russian and now the modern-day Uzbek.

Uzbekistan is one of the five Central Asian countries, the others being Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. They are differences in composition and cultures and while the others may boast the natural scenery and dramatic mountains, Uzbekistan has the lion's share of the ancient and unforgettable cities and architecture. Uzbekistan was, and still is, a principal centre of contemporary Islamic learning.

In collaboration with Embassy of Uzbekistan Kuala Lumpur, AJIV is currently working with business communities and trade associations in Malaysia towards a business trip and trade mission to Tashkent to reciprocate a similar mission of premier education groups that will be arriving from Tashkent to Malaysia early November 2021.

In the tourism sector, Uzbekistan is aggressively marketing their tourism products in the hope that Malaysians will reciprocate by traveling to Uzbekistan. Needless to say tourists from Uzbekistan are expected to visit Malaysia once its border opens in November 2021 and AJIV is working closely with Langkawi Development Authority (LADA) to prepare for the arrival.

Plans are underway for the first group of tourists from Uzbekistan to arrive in Langkawi Island in mid-November 2021.

25/10/2021

Uzbekistan Presidential Election Team at the Embassy of the Republic of Uzbekistan, Malaysia.

25/10/2021

Dateline 24 October 2021:- As Uzbekistan began casting their ballots for the 6th presidential election at their local time today, its citizens in Malaysia casted theirs at the Embassy of the Republic of Uzbekistan at Jalan Ampang, Kuala Lumpur.

Incidentally, Angkasa International JV was part of the Presidential Election Committee Team in Malaysia, proudly delivering on the promise that listens to every voice and counts every vote equally.

19/10/2021

05/10/2021

Virtual Meeting with LADA on 27 September 2021

It was a fruitful meeting indeed with the team from Langkawi Development Authority (LADA) encompassing the preparation of the health and safety requirements pertaining to international tourist arrivals to Langkawi.

We express our appreciation to Chief Executive Officer Tuan Nasaruddin Abdul Muttalib and Tuan Azmil Munif Mohd Bukhari from Tourism Section of LADA for sharing with us the progress of the preparation and specific SOP protocols that will be implemented later.

Angkasa International (AIJV) is in the advance stage of planning to bring tourist from Uzbekistan and other Central Asian countries once Malaysia commences the opening of its international borders.

Langkawi will be the first destination, gradually expanding to other destinations as the COVID-19 pandemic situation improves. Langkawi is one of the more popular holiday destinations in Malaysia amongst the people in Uzbekistan.

We are also in discussion with several airlines towards securing chartered flights from Tashkent, the Uzbekistan capital,
to Langkawi with frequency of three flights a month.

AJIV is a company incorporated in Uzbekistan. It is involved in diverse businesses such a trading (import and export), education, tourism, halal certification, business consultancies and project management.