UzPromStroyBank will provide a preferential loan for setting up of KOMTEKS PPOSH in Kagan district (Bukhara province) which will specialize in processing of sheep wool.
The Cabinet of Ministers with its Feb 15 decision approved the creation of the Defense Industry Development Fund within the Uzbekistan's Committee for Defense Industry.
President Shavkat Mirziyoyev yesterday hosted the visiting Vice-President of General Electric Ronald James Pollett. Shavkat Mirziyoyev noted with satisfaction the company’s current activities in Uzbekistan, the President’s press service said.
The leadership of UzbekNeftegaz met with the World Bank (WB) mission, the company said. The sides reportedly discussed the issues related to supporting Uzbekistan’s oil and gas sector from the budget and financing of the company projects by the WB.
Made in Uzbekistan Industrial Exhibition will be held in the capital of Tajikistan Dushanbe’s Manej sports complex in the first decade of March 2018, with Uzbekistan-Tajikistan business forum to be organized as part of the exhibition.
Extension and construction of new metro lines (extension of Yunusabad and Sergelian lines, and construction of the Ring Line) is currently under way in Tashkent, Oybek Khudoikulov, deputy chairman of Uzbekistan Airways, chief of Toshkent Metro announced on February 1 at a briefing.
Mercedes-Benz is in the process of building out hubs for the production of electric vehicles and batteries around the globe. Markus Schäfer, Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain said that Mercedes-Benz will build its electric vehicles in six plants on three continents.