As part of a business trip across Europe, Bekzod Mamatkulov, Chairman of the Founders Board of BMB HOLDING, held talks via videoconference on 21 October with Pedro Mourino, President of Iberatlantic Global Corporation, with the support of the Embassy of the Republic of Uzbekistan in the Kingdom of Spain.

At the beginning of the meeting, the parties exchanged views on their companies’ core business activities, ongoing projects, production capacities and prospects for further cooperation. In particular, they discussed in detail the potential for implementing an investment project in Uzbekistan focused on the cultivation and industrial processing of guayule and quinoa.

The initiative, proposed by Iberatlantic Global Corporation, envisages the development of an integrated agro-industrial system covering the entire production cycle, from cultivating guayule and quinoa to their advanced processing and the manufacture of finished products.

Guayule and quinoa are considered promising crops from both an agricultural and an industrial perspective. Guayule is an important source of raw material for natural rubber production. Its processing can yield natural rubber, resins, latex and essential oils. In addition, the residual biomass can be used to produce biofuels and organic fertilisers.

Quinoa, in turn, is a crop with high nutritional value. Rich in protein, minerals and other beneficial compounds, it plays an important role in the food industry. Its grains are used to manufacture a variety of food products, while processing by-products can be utilised in livestock farming and other sectors. The tolerance of certain quinoa varieties to drought and soil salinity also makes the crop a promising option for diversifying agriculture in the face of climate change.

The effective utilisation of these two crops could promote the integrated processing of agricultural raw materials, more efficient resource use, greater value creation and the development of new industrial production sectors.

During the talks, particular attention was paid to adapting the project to Uzbekistan’s conditions, identifying the most suitable areas for guayule and quinoa cultivation, and organising agroclimatic studies and pilot trials. The parties also explored opportunities to introduce advanced Spanish technologies, make effective use of Uzbekistan’s agricultural potential and establish an industrial processing facility in the future.

Another promising aspect of the project is the potential to bring certain underutilised land plots into productive economic use, provided their suitability is confirmed through assessments of climatic and economic factors. The initiative could also strengthen cooperation between the agricultural sector and the processing industry.

At the conclusion of the online talks, the parties agreed to continue an in-depth practical assessment of the project, evaluate local conditions and determine the next steps towards its implementation.

We will continue to provide detailed updates on our pages regarding subsequent negotiations planned as part of the business trip across Europe and the outcomes of these meetings.