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SUBC · 2026Saudi · UzbekBusiness Council
About

A bilateral institution built for execution.

The Saudi–Uzbek Business Council was established to consolidate the public and private institutional architecture between the two countries into a single, accountable platform.

Mission

Catalyze high-quality, sustainable investment between the Kingdom of Saudi Arabia and the Republic of Uzbekistan by aligning project sponsors, ministries, and capital providers around a shared pipeline.

Strategic objectives
  1. 01

    Maintain a continuously updated investment pipeline curated with Uzbek line ministries and Saudi anchor investors.

  2. 02

    Operate the official channel for Express Interest, translating investor intent into structured engagements within five business days.

  3. 03

    Accompany investors through licensing, incentives, land allocation, and regulatory pathways in both jurisdictions.

  4. 04

    Convene business missions, joint committees, and sector forums on a recurring calendar.

  5. 05

    Publish authoritative country briefs, sector deep-dives, and bilateral statistics.

Council structure

Council structure

01

Co-Chairs

One Chair from the Kingdom of Saudi Arabia and one from the Republic of Uzbekistan, appointed at ministerial level.

02

Board of Members

Anchor companies, sovereign funds, and family groups from both countries; rotating sector chairs.

03

Secretariat

Permanent professional staff coordinating the pipeline, missions, and member services.

04

Sector working groups

Standing groups for energy, mining, agriculture, finance, infrastructure, ICT, healthcare, and tourism.

05

Government liaison

Direct working channels with MIIT (Uzbekistan) and the Ministry of Investment (Saudi Arabia).

Leadership

Co-Chairs and Secretariat

MT
KSA

Dr. Mohammed Al-Tuwaijri

Co-Chair

Kingdom of Saudi Arabia

LK
UZ

Laziz Kudratov

Co-Chair

Republic of Uzbekistan

RA
KSA

Reem Al-Otaibi

Head of Secretariat — Riyadh

Council Secretariat

OK
UZ

Otabek Karimov

Head of Secretariat — Tashkent

Council Secretariat

2026 Workplan

2026 Workplan

Q1 2026

Public launch of the Council platform; first 25 projects published.

Q2 2026

Saudi–Uzbek Investment Forum, Tashkent. First Joint Committee of the Council.

Q3 2026

Sector roadshows: mining & metals, agro-processing, renewables.

Q4 2026

Annual Council meeting; publication of bilateral investment outlook.