Sunday, 27, May, 2018

Economy

UzbekEnergo has started construction of the 220 kV high-voltage transmission line (HVTL) Takhiatash TPP - Khorezm substation-Sarymai (Khorezm region) in north-west of Uzbekistan. 

The Uzbek Labour Ministry delegation departed for Russia with a mission to take the labor migration cooperation between the two countries to a higher level, the press service of the Labor Emigration Agency statement said. 

Uzbekistan Railways in nine months of this year transported 15.8 million people, which is 2.9% higher than in the same period last year.

Uzbekistan Airways in January-September performed 16,692 flights and carried 1.882 million passengers, which is by 5% less than in the same period last year, a statement of the carrier's website said. 

The Interim President of Uzbekistan Shavkat Mirziyoyev on October 26 signed a decree "On additional measures aimed at strengthening and expanding the activities of free economic zones."

The World Bank Group on October 25 released a report, Doing Business 2017: Equal Opportunities For All, a World Bank Group flagship publication, the 14th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it.

In January-September 2016 there were 13,289.3 thousand unemployed in Uzbekistan, a 1.8% increase compared to the same period last year.

Shavkat Mirziyoyev reminded the public servants that the handling of the problems of the people is one of the main tasks of the government. 

Year to date, 100 large industrial projects worth $ 3.7 billion were completed under  the Investment Program, including Expansion of a cement plant in Jizzakh region, Organization of mass  production of T-250 model passenger car at GM Uzbekistan, Construction of two combined cycle gas turbines with  450 MW capacity each at Talimarjan TPP, Construction of 150 MW high-ash coal-fired power plant at Angren TPP", Organization of spinning facility at FE Indorama Kokand textile (IV-stage), Production of sterile syringes at JV Guliston Med Texnika in Syrdarya region and others. 

In 9 months of this year, Uzbekistan’s GDP grew 7.8%, industrial output - 7.2%, the volume of construction works - 5%, retail trade turnover - 14.2%, services - 2.4%.