Saturday, 15, December, 2018

Economy

General Electric has completed the delivery of the first batch of equipment for the modernization project of the Takhiatash Thermal Power Plant, the company said.

Data on reserves, mining and sales of minerals, including precious and rare metals, may be disclosed for the public in Uzbekistan, according to the draft government resolution.

Uzbekistan is eager to commence the construction and commissioning of the first nuclear power plant as soon as possible and has requested the Russian experts to speed up the resolving of all issues, Uzbek Ambassador to Russia Botirjon Asadov told RIA Novosti Monday.

Uzbekistan will provide US$ 733.9 million to the Muruntau Open-Pit Mining Project (stage V) Phase 1, the Cabinet of Ministers said.

Prime Minister of Uzbekistan Abdulla Aripov and Prime Minister of Belarus Sergei Rumas today signed the Cooperation Development Action Plan.

Economic growth in Central Asia is expected to moderate in 2018 and 2019, reflecting a need for fiscal consolidation in the region and slower growth in the extractive sector, the European Bank for Reconstruction and Development (EBRD) said.

Delegation of Siemens led by the President for Russia and Central Asia, Alexander Liberov, visited Uzbekistan on October 29-31.

The 14th meeting of the Uzbekistan-Japan economic cooperation committee co-organized by the Uzbek Investments Committee and the Uzbek Embassy to Japan was held in Tokyo.

Shell is eyeing to launch a production unit in Uzbekistan, Uzbekistan 24 reported. According to the company vice-president for CIS, Joanna Kuensnsberg, Shell is encouraged by the reform efforts being undertaken in Uzbekistan and is considering a project of fuel and lubricants production facility.

President Shavakt Mirziyoyev signed a decree approving the privatization of FerganaAzot, the largest manufacturer of nitrogen fertilizers in Uzbekistan.