Thursday, 20, June, 2019

Business

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.

President Shavkat Mirziyoyev signed a decree facilitating export of goods and services via the Internet. Now the export of goods and services with ceiling of US$ 5 thousand via the Internet with payment made over money transfer systems per invoice does not require entering into a written contract with customers.

South Korean GS Engineering & Construction Corp. will launch the methanol-to-gasoline (MTG) unit in 2022 in Uzbekistan.

The Cabinet of Ministers issued a resolution on September 16 handing over the state share’s in the authorized capital of UzIkkilamchiRangliMetal for trust management to SFI Management Group, a foreign company, the company said in a statement.

President of Uzbekistan Shavkat Mirziyoyev held a meeting with the top managers of major French companies, and reportedly urged them to invest in projects in Uzbekistan, the President’s press service said.

The French Fives Groupe plans to launch the production of auto glass jointly with UzQurilishMateriallari in Uzbekistan. "Our group specializes in projects in heavy industry, engineering and manufacturing of equipment. Over the past two years, we have built close cooperation with Uzbek partners. For example, we are now launching the production of high-quality auto glass products to be exported," the head of the International Development at Fives group Jean-Marie Caroff.

For the first time, the United States will be holding its flagship international business event, the Eighth Annual Central Asia Trade Forum, in Uzbekistan. The event, organized by the U.S. Agency for international Development (USAID) and co-hosted by the Ministry for Foreign Trade of the Government of Uzbekistan, will be held in Tashkent on October 17-18, 2018 in Tashkent.