uST technology at the Global Industry Summit 2025 in Saudi Arabia

The Global Industry Summit 2025 is being held in Riyadh, the capital of Saudi Arabia, in conjunction with the 21st session of the United Nations Industrial Development Organization (UNIDO) General Conference. Oleg Zaretsky, CEO of uScovery, is participating in the summit, representing string transport technologies.

UNIDO is a specialized agency of the United Nations system responsible for promoting sustainable industrialization in developing countries and economies in transition. The network of Investment and Technology Promotion Offices (ITPOs) makes a significant contribution to this work. They interact with the private sector and help build partnerships between business, government, and international organizations.

"Our partnership with UNIDO is very important. When UNIDO acts as a consultant and recommends technology, it gives the company a significant marketing advantage. In addition, UNIDO can also act as a customer: the organization publishes many tenders for which purchases are made. There are tenders at various levels within the UN system. Companies from Russia, Belarus, and the United Arab Emirates – countries where we have offices – can participate in them," noted Oleg Zaretsky.

Igor Kozhin, Head of ITPO Russia, spoke at the session “Shaping Industrial Futures: Investment and Technology Promotion as Engines of Transformation” in Riyadh. Presenting a portfolio of innovative solutions, he highlighted string transport as an example of a promising private high-tech initiative and uTerra organic fertilizers, which can significantly increase soil fertility.

uST technologies attracted considerable interest from delegations from Egypt, Bangladesh, Jordan, Syria, and other countries, which sent numerous requests for meetings and discussions on possible projects.