Monday, 22, April, 2019

Business

Shavkat Mirziyoyev signed the Measures for implementation of the Setting up of Modern Jewelry Production Unit in Tashkent city Project Decree.

Seven new small industrial zones (SIZ) will be set up in the Fergana province. The government of Uzbekistan issued a decree Measures on Setting of Additional Small Industrial Zones in Fergana province.

Uzbekistan and Hungary signed $ 46.5 million worth six deals at a business forum in Tashkent on Friday, the Uzbek Investments Committee said:

On December 12-17, 2018, Westminster International University in Tashkent hosted an intensive training course for women farmers and entrepreneurs from Ferghana Valley designed to develop their skills and knowledge in agribusiness and horticulture.

The government decided to sell the controlling stake in Jizzakh Battery Plant, worth almost 94 billion soums. “In line with the President’s Measures For Further Development of Jizzakh Battery Plant Decree of June 5, 2018, Uzavtosanoat will offer the 51.78% stake of Jizzakh Battery Plant through Tashkent Stock Exchange, Uzavtosanoat said.

Nordic telecoms operator Telia said on Wednesday it had sold its stake in Uzbekistan’s Ucell for $215 million on a debt-free basis, as part of its strategy to exit its Eurasian businesses.

Iranian Zarin Taj Mahan Industry Group will set up 20 million euro yarn production facility in Uzbekistan, Uzbekistan 24 reported.

Business Women Association “Tadbirkor Ayol” (BWA) with the support of the World Bank and other development partners, including the EU Delegation in Uzbekistan, Embassies of the United States and Switzerland organized a workshop designed to discuss challenges and innovative solutions to facilitate rural women’s entrepreneurship.

South Korean Sejin G&E Co. Ltd will install 12 units of new modern generators and auxiliary equipment that generate electricity from landfill gas (methane) at the Akhangaran and Maidontol municipal waste sites in Tashkent province with the total capacity of at least 16 MW.

Elevating the two-way trade up to US$ 1 billion was one of the gaols of the Government of UzbekistanBakhodir Abdullayev, the Uzbek Ambassador to Iran, said at a meeting with Iranian business executives on Monday in Arak, Markazi province, Mehr News reported.